referred to as 'AT'
6
hereinafter referred to as 'PSC'
7
hereinafter referred to as 'RIL' [Claimant before ... transferred a portion of its 'Participating Interest' under the
PSC in favor of one British Petroleum Exploration Limited 10, the
respondent
between the parties stem from the Production Sharing
Contract dated 15.05.1995 ("PSC") executed between the appellant,
the Shell India Production Development ("SIPD ... Block RJ-ON-90/1 ("the RJ Block"). Originally, the PSC
was for 25 years which ended in May 2020, however
respondents are parties to Production Sharing Contract dated
30.06.1998 ("PSC") with the Government of India ("GoI") in respect of the
Block ... GSPA. As per Clause 10.5 of the GSPA, the PSC remains in effect
Digitally Signed O.M.P.(I) (COMM.) 281/2024 Page
failure of the Respondent No. 1 to pay its share under
the PSC and JOA, since. default and subsequent withdrawal of any
Consortium Partner from ... completion of its Minimum Work obligation thereunder,
amounts to a branch of PSC which has huge financial implications
on the partner so withdrawing in accordance
report of the PSC, which read thus:
"17.1 Clause 19 of the Bill seeks to insert a new section 33A in
the Act providing ... societies would
be extremely burdensome. As the tariff would be
20 "PSC", hereinafter
21 "the 2020 Amendment Bill" hereinafter
Signature
from Panna-
Mukta-Tapti fields. The Agreement is referred to as PMT-PSC
Contract, which is dealt with in O.M.P. (COMM) 301/2023
construction of Roadbed, Major Bridges, Track Linking (excluding supply
of Rails and PSC line sleepers), General Electrical, Traction and S&T Works
(Outdoor ... Construction of Roadbed, Major Bridges, Track Linking (excluding supply
of Rails and PSC line sleepers), General Electrical, Traction and signal & Telecommunication
works (Outdoor
University Of Delhi vs Neeraj & Anr on 25 August, 2025
Author: Sachin Datta
Bench
paid to IC for marketing
and support services prior to 1997.
(vii) PSC was set up in India to supervise the supply
contact with TATA
paid to IC for marketing
and support services prior to 1997.
(vii) PSC was set up in India to supervise the supply
contact with TATA
