Supreme Court fines Reliance ₹10 lakh for dragging out two-decade-old case
The Supreme Court has ordered Reliance Industries to pay a penalty of ₹10 lakh after rejecting its appeal in a commercial battle with NTPC that has been ongoing for 20 years. The dispute involves a planned natural gas supply contract. The bench rebuked Reliance for its constant challenges to procedural rulings, pointing out that the matter, which began in 2005, is still stalled at the evidence-gathering phase.
by shortkt.com✓