Big win for Vedanta as Supreme Court says Malaysian arbitral ruling will not go against public policy in India

Sep 16, 2020

The Supreme Court today held that enforcing the Malaysian arbitral award in favour of the Anil Agarwal-led Vedanta on the Ravva oil and gas fields, located in the shallow offshore area of the Krishna-Godavari basin on the eastern coast of India, will not go against public policy in India. In doing this the court has upheld the Delhi High Court’s order which had refused to interfere in the arbitral award and has also dealt a blow to the government’s contention.