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SC hears Reliance's appeals in $1.73 billion ONGC gas dispute

Reliance Industries is currently appealing a decision made by the Delhi High Court regarding an arbitration award. The H...

SC hears Reliance's appeals in $1.73 billion ONGC gas dispute
Source: Economic Times - Companies

Reliance Industries is currently appealing a decision made by the Delhi High Court regarding an arbitration award. The High Court had ruled in February 2025, challenging a previous arbitration award from 2018. This legal dispute involves a $1.73 billion case against Oil and Natural Gas Corporation (ONGC) over gas extraction issues. The government alleges that Reliance and partners committed fraud...

SOURCE: Economic Times - Companies
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