Award challenge upheld in Indian oil and gas dispute
The English Commercial Court has partly upheld a challenge by India’s Reliance Industries and its partner BG Group to an UNCITRAL award issued in favour of the Indian government in a US$1 billion dispute over oil and gas fields, ruling that the tribunal’s failure to consider an issue relating to cost recovery had given rise to a “substantial injustice.”
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.