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Supreme Court Rejects Centre's Challenge Against Vedanta Arbitration Award Enforcement Business

Supreme Court Rejects Centre's Challenge Against Vedanta Arbitration Award Enforcement

Short2News· 1h ago ·New Delhi ·1 reads

The Supreme Court has dismissed the Union government's plea challenging a Delhi High Court order. This ruling allows Vedanta Ltd. and Ravva Oil to enforce foreign arbitration awards worth nearly $99 million. The court criticized the Centre for delaying the enforcement of these legal awards, emphasizing the importance of honoring international arbitration commitments.

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