The Supreme Court is hearing appeals filed by Reliance Industries Limited (RIL) and two other foreign firms in the Krishna-Godavari (KG) basin gas migration dispute with the Centre. The case follows a Delhi High Court decision that set aside an arbitral award that had been in favour of the firms. During the proceedings on May 19, the petitioners tell the court they plan to approach the government for mediation. Counsel for the firms says they will write to the Government of India “seeking mediation” and asks the court to pause the hearing pending the mediation outcome. The Attorney General, appearing for the Centre, requests that the hearing continue as scheduled. The Supreme Court declines to halt the proceedings, and indicates that the parties may update the court about the results of any mediation efforts. The court proceeds with the “final hearing” of the appeals, while leaving room for the petitioners to report developments related to mediation during the ongoing process.
KG-basin dispute: RIL and firms seek mediation as Supreme Court continues hearing
The Supreme Court is hearing appeals filed by Reliance Industries Limited (RIL) and two other foreign firms in the Krishna-Godavari (KG) basin gas migration dispute with the Centre. The case follows a...
- RIL and two foreign firms challenge a Delhi High Court decision that set aside an arbitral award in the KG basin gas migration dispute with the Centre.
- The Supreme Court begins final hearing on the firms’ appeals on May 19.
- The petitioners state they will write to the Government of India seeking mediation.
- The firms request the Supreme Court to stop the hearing pending mediation.
- The Attorney General for the Centre asks the court to continue the hearing; the Supreme Court refuses to halt proceedings.
On May 19, the top court commenced final hearing on appeals of RIL and two other foreign firms challenging a Delhi High Court verdict that set aside an arbitral award in their favour in the Krishna-Godavari Basin gas migration dispute with the Centre
3 months agoReliance Industries Limited (RIL) and two other foreign firms on Wednesday told the Supreme Court that they would write to the Centre for mediation in the Krishna-Godavari basin gas migration dispute. The matter was mentioned before a bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi. "All the petitioners will be writing to the Government of India today seeking mediation... We are submitting that let us attempt mediation," the counsel appearing for the firms told the apex court. The counsel urged the bench that hearing in the case may be stopped till the mediation outcome. However, Attorney General R Venkataramani, appearing for the Centre, requested the court to continue with the hearing in the case listed today. "If, in the meantime, anything will happen, we will inform the court," the top law officer said. The bench declined to stop the hearing and said the parties may inform it about the outcome of mediation. "If you come with a successful .
3 months ago
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