The govt has sought to restrain the two companies from disposing of their assets as they have allegedly failed to pay it USD 3,856,734,582 as per an arbitral award in favour of the Centre in relation to the Panna-Mukta and Tapti (PMT) production-sharing contracts. On December 20, the court directed the companies to file the affidavits as per new format.from Oil & Gas-Energy-Industry-Economic Times https://ift.tt/36Yo8tG
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