{"id":306967,"date":"2019-12-23T12:41:14","date_gmt":"2019-12-23T07:11:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=306967"},"modified":"2019-12-23T12:54:36","modified_gmt":"2019-12-23T07:24:36","slug":"reliance-tears-into-govt-affidavit-says-no-final-arbitration-award-due","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-tears-into-govt-affidavit-says-no-final-arbitration-award-due\/","title":{"rendered":"Reliance tears into Govt affidavit, says no final arbitration award due"},"content":{"rendered":"<p>Reliance Industries has mounted a strong counter to the Government petition in the Delhi High Court seeking to block its $15 billion deal with Saudi Aramco, saying the petition is an abuse of process as no arbitration award has fixed any final liability of dues on the company.<\/p>\n<p>In a counter affidavit, Reliance said it was a \u201cfalsehood\u201d to say that the arbitration tribunal had passed an award requiring the company and its partners to pay $3.5 billion to the Government.<\/p>\n<p>It said the petition is an abuse of process as \u201cit portrays that a sum of money is due and payable under the final award and purports to compute the money payable on a basis neither found in the arbitration award nor disclosed in the petition.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries has mounted a strong counter to the Government petition in the Delhi High Court seeking to block its $15 billion deal with Saudi Aramco, saying the petition is an abuse of process as no arbitration award has fixed any final liability of dues on the company. In a counter affidavit, Reliance said it was a \u201cfalsehood\u201d to say that the arbitration tribunal had passed an award requiring the company and its partners to pay $3.5 billion to the Government. It said the petition is an abuse of process as \u201cit portrays that a sum of money is due [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-306967","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=306967"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306967\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=306967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=306967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=306967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}