'Nobody will trust you...': SC junks Centre's plea against Vedanta arbitration awards
Business The Economic Times about 2 hours ago

'Nobody will trust you...': SC junks Centre's plea against Vedanta arbitration awards

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The Supreme Court dismissed the Union government's appeal concerning disputes involving $99 million arbitral awards. Vedanta and Ravva Oil sought the enforcement of these awards related to the Ravva oilfield. The Delhi High Court had previously rejected the government's objections to enforcing the awards. The disputes originated from a 1994 production sharing contract between the petroleum ministry and various companies.

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