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Niko Resources Ltd NKRSF

Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Bullboard Posts
Comment by redscorpionon Dec 19, 2016 1:30am
197 Views
Post# 25617896

RE:RE:Re: worldbank/ICSID

RE:RE:Re: worldbank/ICSID
Bigwhiskey wrote: Well on Nov 14th 

they said it again 
(2) This payment must be made immediately and is not subject to any contrary orders from the Courts in Bangladesh; (3) In view of the difficulties which have occurred in the past with respect to the payment of the amount owed to the Claimant, the Tribunals remain seized of the matter until final settlement of this payment. 5. In Procedural Order No. 13, the Tribunals decided to suspend the proceedings on all issues other than the Corruption Issue and the Claimant’s Request for Provisional Measures which the Tribunals decided on 19 July 2016.

For the reasons set out in this Procedural Order, the Tribunals decide, without determining its admissibility in principle, that the Respondents’ Application of 30 June 2016 requesting reconsideration of the Third Decision on the Payment Claim, if it were admissible, would have to be denied. (ii) They confirm that the Third Decision on the Payment Claim must be complied with according to its terms. (iii) The Respondents are invited to report within one week of this Order on their compliance with the Third Decision on the Payment Claim.





yes...looks like that they have to pay to nko a few millions....



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