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HC seeks RIL response on govt s plea accusing firm of siphoning off gas

The Delhi high court (HC) division Bench on Thursday sought a response from Reliance Industries (RIL) and others regarding the government s appeal against the Mukesh Ambani-owned conglomerate and others for fraudulently and unjustly enriching themselves by draining gas from their deposits, amounting to over $1.5 billion. The Centre had appealed against the single-judge Bench order of the Delhi HC on May 9, which had dismissed its petition. Justice Anup Jairam Bhambhani had upheld the international arbitration award of July 24, 2018, in favour of the RIL-led consortium. The consortium includes UK-based BP Plc and Niko Resources of Canada.

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Reliance news: HC seeks response from Reliance on govt appeal accusing co of committing fraud, unjust enrichment of over $1 729 billion

The Delhi High Court has asked for a response from Reliance Industries and others regarding the government s appeal accusing the conglomerate of committing fraud and unjust enrichment of over $1.729 billion by siphoning gas from deposits they were not authorized to exploit. The government argues that Reliance knew about the connectivity of its block with that of ONGC s block and deliberately extracted and sold gas without permission.

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Gas migration case: What exactly is the dispute between Reliance and ONGC?

The Delhi High Court has requested a response from Reliance Industries (RIL) and its partners in relation to the Indian government s appeal, accusing the conglomerate of committing fraud and unjust enrichment of over $1.729bn by extracting gas from deposits it did not have the rights to exploit. The dispute began in 2014 when state-run ONGC claimed that RIL had drilled wells close to the common boundary of their blocks and pumped out gas from ONGC s adjoining block.

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Viacom18 to broadcast upcoming India-Australia ODI series in 11 languages for free

Viacom18 won the rights for both digital and television broadcast earlier this month for Rs 5,963 crore. The three-match ODI series is the first international match series under the new rights cycle.

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Buzz By The Bay: My Mother Took Me For Practice, Struggled A Lot, Says WPL Champ Saika Ishaque

Buzz By The Bay: My Mother Took Me For Practice, Struggled A Lot, Says WPL Champ Saika Ishaque
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