Centre seeks to restrain Reliance Industries stake sale to Saudi Aramco

During arguments in the case, the government sought the court’s direction to RIL and BG to secure $4.5 billion towards the arbitration award. Asking RIL directors to file an affidavit disclosing the company’s assets, the HC’s commercial bench said it would examine the issue at its next hearing on February 6.

from Energy-Industry-Economic Times https://ift.tt/38YdHbq