India Loses Challenge To $111 Million Arbitration Award In Dispute With Reliance, Shell

The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields.

High Court judge Ross Cranston on June 9, 2022 ruled that the government should have brought its objections over the arbitration tribunal not meeting the required thresholds, when issuing the 2021 award earlier, two sources with knowledge of the matter said…

Read the complete story here.

Featured Arbitrators

ad
View all

Read these next

Category

An Emerging Trend to Replace Direct Testimony with Written Narrative Witness Statements in Commercial Arbitration

A foundational principle of Arbitration is that it based on an agreement between the parties to submit their dispute for a binding decision by a neutral third party. The Federal...

By Jerome Rock
Category

Canada – Under New B.C. Act, Third Party May Apply to Arbitrator OR Court to Set Aside Subpoena Issued by Arbitrator

This article first appeared on the Arbitration Matters blog, here. In Terrace Community Forest LLP v Skeena Sawmills Ltd., 2021 BCSC 1522, Justice Milman dismissed an application brought by the petitioner, Terrace...

By Lisa C. Munro
Category

Arbitration Conversation No. 11: Theo Cheng on Intellectual Property Arbitration

In this episode of the Arbitration Conversation, Amy interviews independent arbitrator Theo Cheng on intellectual property arbitration. https://www.youtube.com/watch?v=qZS4n1Cd0zA

By Theo Cheng, Amy Schmitz

Find an Arbitrator