Judgement of the Supreme Court of India regarding the Exploration and Licensing Policy, 31/03/2014

Judgement of the Supreme Court of India in the matter of Reliance Industries Ltd. & Others Vs Union of India & Others dated 31/03/2014 regarding the policy-New Exploration and Licensing Policy. Under NELP, certain blocks of hydrocarbon reserves were offered for exploration, development and production to private contractors under the agreements which were in the nature of Production Sharing Contract.

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