SC upholds arbitral award in favour of Reliance Infrastructure Ltd
The amount over Rs 4,600 crore, including interest, will help the beleaguered group to repay its debt. A detailed order will be uploaded on the top court website later in the day.
The amount over Rs 4,600 crore, including interest, will help the beleaguered group to repay its debt. A detailed order will be uploaded on the top court website later in the day.
The provision will come into effect retrospectively from October 23, 2015, the ordinance states.
The Statesman Chambers offers all forms of professional-luxurious comforts for arbitration, conferences, and business meetings.
It also granted Injunction against the respondents from taking steps to complete the disputed transaction with Mukesh Dhirubhai Ambani group.
Advocate Jagdeep Singh Bakshi of Delhi High Court gives a lowdown on arbitration, the statute governing the Law of Arbitration in India, and various aspects of the Law of Arbitration
