Case Studies in Business Ethics and Corporate Governance

RIL and RNRL cannot settle between themselves as to how the gas, which is a national asset and a

natural resource, which vests in the government and which is to be utilized in the welfare of the nation,

is to be distributed.

–Mohan Parasaran, Additional Solicitor General

The Indian government should legally resolve the violation of basic term of production sharing contract

and try to make null and void the original contract itself to safeguard the national interest.

–Dr. Bhamy Shenoy, Senior Advisor, Centre for Economics of Energy, University of Texas

INTRODUCTION

On 9 September 2011 the Comptroller and Auditor General (CAG) of India tabled its report ...