
Setback for reliance as Delhi High Court sets aside award of 1.7 billion dollars
The prolonged litigation between ONGC and Reliance Industries Limited began when ONGC alleged gas reserves in the Reliance Block and ONGC Block were interlinked, resulting in the flow of natural gas. In a setback for Reliance Industries Limited (RIL), the Delhi High Court on February 15, 2025, set aside an international arbitral award of 2018…