Big setback for Reliance, win for govt in appeal accusing Ambani's co of 'fraud, unjust enrichment of over $1.729 bn' for siphoning gas

The Delhi High Court sided with the Indian government, accusing Reliance Industries Ltd and its foreign partners of unjust enrichment and fraud in a gas extraction dispute. The court overturned a 2018 arbitration award favoring RIL, following ONGC’s claims of unauthorized gas migration.

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