‘Fresh arbitration notice needed if it were to contest the fine'
After slapping a hefty penalty of over $1 billion on Reliance Industries for failing to meet gas output targets, the Oil Ministry said the company's five-month-old arbitration notice on the issue was not valid and a fresh notice was required if it were to contest the fine.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/oil-ministry-fines-reliance-ind-1-billion
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bay-bengal
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/supreme-court
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
