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Vedanta moves HC over 2011 arbitral award declaring Balco shares transfer as void

Vedanta Ltd is challenging a court decision regarding a 2011 arbitration award. The award declared a shareholders' agreement with the government void. This agreement concerned the transfer of shares in Bharat Aluminium Company, Balco. The government opposes Vedanta's appeal, citing significant financial stakes and a delay in filing. The case is set for a hearing on February 13.

29 Jan 2026 10:45 pm