Great Eastern Energy Corporation … vs Uoi on 4 November, 2016

2. The disputes involved between the parties principally concern the
interpretation of the agreement between them.

3. Sometime in the year 1992, the respondent (Ministry of Petroleum &
Natural Gas) had expressed interest in allowing private participation in
exploration and development of Coal Bed Methane (CBM). The petitioner

O.M.P. 1095/2014 Page 1 of 12
(formerly known as Modi McKenzie Methane Limited) was interested in the
business of exploration and development of Coal Bed Methane and
accordingly sought approval for its participation as a private enterprise. On
28.12.1992, the respondent gave its approval in favour of the petitioner and
thereafter, the parties entered into a Memorandum of Understanding dated
15.12.1993 (hereafter ‘the MOU’).

Source: Indian Kanoon

Leave a Reply

*