NEWS
Back to Feed
Business

'Nobody will trust you': SC rejects Centre's appeal on Vedanta awards

The Supreme Court dismissed the Centre's appeal against a Delhi High Court order letting Vedanta and Ravva Oil enforce foreign arbitration awards involving $99 million in claims. Justices JB Pardiwala and Manmohan criticised the government for resisting awards from 2004 and 2016, warning it hurts trust in India's arbitration regime. The dispute dates to a 1994 contract.

'Nobody will trust you': SC rejects Centre's appeal on Vedanta awards

This summary is based on reporting by Hindustan Times.

Read the full story at Hindustan Times