Hearing on Reliance gas dispute cancelled for Wednesday
December 9th, 2009 - 12:21 pm ICT by IANS ( Leave a comment )New Delhi, Dec 9 (IANS) The hearing on the high-profile Krishna-Godavari gas dispute between Reliance Industries Ltd (RIL) and Reliance Natural Resources Ltd (RNRL) was cancelled Wednesday, as Chief Justice K.G. Balakrishnan was indisposed.
“We will let you know later when the hearing will resume,” a senior official in the apex court’s registrar’s office said, confirming that the hearing on the gas dispute had been called off for the day.
A three-member bench of the apex court, which includes Justice B. Sudershan Reddy and Justice P. Sathasivam, has been hearing the dispute over the supply of 28 million units of gas for 17 years at $2.34 per unit to RNRL from the gas fields awarded to RIL.
The price, tenure and quantity were based on a pact in the Ambani family entered in 2005 but Mukesh Ambani-led RIL later said it will only sell gas for $4.20 per unit to younger brother Anil Ambani’s RNRL, claiming this was the consideration fixed by the government.
The Bombay High Court had earlier ruled in RNRL’s favour.
The chief justice of India was admitted to the Apollo hospital here Tuesday night.
- Apex court may conclude hearing Reliance gas dispute next week - Dec 10, 2009
- Court can't impose family pact on shareholders: RIL - Nov 17, 2009
- Supreme Court reserves verdict in Reliance gas dispute - Dec 18, 2009
- RIL itself had sought permission to sell gas at $2.34 per unit: RNRL - Dec 08, 2009
- RNRL ends argument on gas dispute with plea for comprehensive solution - Dec 16, 2009
- Krishna-Godavari gas not for Dadri alone: RNRL - Dec 03, 2009
- RIL responsible for Dadri power project stalemate: RNRL (To go with: Even oil ministry said RIL has full gas marketing freedom: RNRL) - Dec 01, 2009
- RIL itself sought permission to sell gas at $2.34 per unit: RNRL (Lead) - Dec 08, 2009
- Court agrees high gas price will push power, fertiliser costs - Dec 02, 2009
- Didn't Mukesh know of Ambani family pact, asks apex court - Nov 12, 2009
- Didn't Mukesh know of Ambani family pact, queries apex court (Lead) - Nov 12, 2009
- RIL offers to withdraw affidavits of directors on Ambani pact - Nov 13, 2009
- Even oil ministry said RIL has full gas marketing freedom: RNRL - Dec 01, 2009
- RNRL seeks bankable agreement on Krishna-Godavari gas - Dec 15, 2009
- 'Anil Ambani entitled to earlier rights in RIL if de-merger fails' - Nov 25, 2009
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