New Delhi, Feb. 2 -- A division bench of the Delhi high court on Monday agreed to hear the Centre's plea seeking to recover around $2.31 billion from Reliance Industries Ltd and its partners in the nearly three-decade-old Panna-Mukta and Tapti offshore oilfields dispute.
The bench comprising Justice Navin Chawla and Justice Madhu Jain rejected RIL's objection that the Centre's appeal was not maintainable. A detailed written order is awaited.
The matter is expected to be placed before the roster bench of the Chief Justice of the Delhi high court before 17 February to decide the further course of hearing.
The appeal arises from a June 2023 single-judge ruling that rejected the Centre's attempt to recover money based on a 2016 partial arb...
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