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VEDL - Vedanta News Story

₹302 -7.1  -2.3%

Last Trade - 17/09/21

Sector
Basic Materials
Size
Large Cap
Market Cap £11.03bn
Enterprise Value £12.95bn
Revenue £9.90bn
Position in Universe 45th / 3148

Nearly 2,000 Zambian villagers can sue Vedanta in English courts - Supreme Court

Wed 10th April, 2019 10:04am
LONDON, April 10 (Reuters) - Nearly 2,000 Zambian villagers
have the right to sue mining company Vedanta in the English
courts, the Supreme Court in London said on Wednesday. 
    India-listed Vedanta  VDAN.NS , which delisted from London
last year but maintains a legal base in Britain, appealed a
lower-court ruling that a case in which villagers alleged their
land was polluted by a Vedanta unit could be heard in England. 
    But the Supreme Court said the Zambian villagers could
pursue their case through the English courts.
    Wednesday's judgment has resonance for other multinational
companies with a base in London and facing legal challenges
about their operations abroad from local residents.

 (Reporting by Barbara Lewis; Editing by Dale Hudson)
 ((Barbara.hm.Lewis@thomsonreuters.com; +44 207 542 2932;
Reuters Messaging:
barbara.hm.lewis.thomsonreuters.com@reuters.net))
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