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Oil & gas arbitration awards-II: Big legal battles ahead
Jun 08: A pitched battle is being fought over the Panna-Mukta Tapti award in a UK court as of now.
8But in these very courts the Indian government is also fighting the enforceability of a similar award that went against it.
8Find out more on why foreign courts have the right to enforce these awards
8And while these enforcements are supposedly final, questions are now being raised by none other than the government of India itself on their enforceability.
8Ironically, RIL-Shell can take the same position as is being taken by the government of India in Indian courts just now
8Clearly, long legal battles are likely to ensue even after a final verdict comes in on the PMT arbitration award
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