A division bench of the Delhi High Court on Thursday sought a response from Reliance Industries Ltd. (RIL) and its partners on the government’s appeal that accused the Mukesh Ambani-owned conglomerate and its partners of committing an “insidious fraud” and “unjust enrichment of over $1.729 billion” by siphoning gas from deposits they had no right to exploit.
The dispute over the gas migrating from ONGC’s block to the adjacent block of RIL and its partners dates back to 2014, and has been through several judicial and arbitration processes.
