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Delhi High Court rejects RBI plea on review of arbitration process

Delhi High Court rejects RBI plea on review of arbitration process

Tuesday, March 14, 2017, 7:30 PM

The Reserve Bank of India (RBI) on Tuesday moved the Delhi high court seeking a review of the joint application filed by Tata Sons Ltd and NTT Docomo Inc. regarding the enforcement of a $1.17 billion arbitration award. Justice S. Muralidhar, however, was not keen on revisiting the issue, pointing out that both companies had agreed on a settlement.
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