Supreme Court lets Delhi HC pursue $2.31bn oilfield claim against Reliance
The Supreme Court refused to halt the Delhi High Court's hearing of the government’s $2.31 billion claim that Reliance over‑recovered costs from the Panna‑Mukta and Tapti offshore fields. By keeping the case alive, the court leaves open a high‑stakes test of profit‑sharing contracts and arbitration enforcement that could reshape revenue streams for India’s oil sector.