The Oil and Natural Gas Corporation (ONGC) has extended an olive branch in
a bid to resolve contract disputes worth Rs 1,000 crore. The proposed
One-Time Settlement (OTS) comes as a crucial step toward ending protracted
legal battles with contractors. ONGC’s decision aims to amicably settle
long-standing issues and expedite the resolution process, enabling the
company to focus on its core operations and future projects. The move is
expected to bring relief to all parties involved and foster a positive
business environment in the energy sector. This OTS offer demonstrates
ONGC’s commitment to fair dealings and resolving conflicts in a mutually
beneficial manner.
a bid to resolve contract disputes worth Rs 1,000 crore. The proposed
One-Time Settlement (OTS) comes as a crucial step toward ending protracted
legal battles with contractors. ONGC’s decision aims to amicably settle
long-standing issues and expedite the resolution process, enabling the
company to focus on its core operations and future projects. The move is
expected to bring relief to all parties involved and foster a positive
business environment in the energy sector. This OTS offer demonstrates
ONGC’s commitment to fair dealings and resolving conflicts in a mutually
beneficial manner.
