India Supreme Court Dismisses Government Challenge to Vedanta Arbitration Awards
The Supreme Court dismissed the Union government’s challenge to a Delhi High Court order allowing Vedanta and Ravva Oil (Singapore) to enforce foreign arbitration awards involving claims of nearly $99 million.
The Supreme Court on Monday dismissed the Union government’s challenge to a Delhi High Court order allowing mining major Vedanta Ltd and Ravva Oil (Singapore) Private Ltd to enforce foreign arbitration awards involving claims of nearly $99 million. The court questioned the Centre’s resistance to th…