Delhi High Court orders GAIL to pay $7M to Jindal Saw, upholding an arbitration award.

The Delhi High Court has rejected GAIL's appeal against an arbitration award, ordering the Indian gas utility to pay approximately USD 7 million to Jindal Saw Ltd. The dispute dates back to 2002 and involves delays in pipe deliveries. The court ruled that GAIL was responsible for the delays and upheld the validity of the arbitration award, ending the long-standing legal issue in favor of Jindal Saw.

4 months ago
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