Anil Ambani makes a surprise appearance at Supreme Court
November 24th, 2009 - 8:27 pm ICT by ANI ( Leave a comment )New Delhi, Nov 24(ANI): Industrialist Anil Ambani, who heads the Reliance Natural Resources Limited (RNRL), made a surprise appearance at the Supreme Court on Tuesday.
The court was hearing of the gas price dispute row between RNRL and Reliance Industries Ltd (RIL) on tapping the gas in the Krishna-Godavari Basin block.
A three-member bench headed by Chief Justice K G Balakrishnan has been hearing the dispute over the supply of 28 million units of gas for 17 years at 2.34 dollars per unit to RNRL from the gas fields off the Andhra Pradesh coast, awarded to his brother Mukesh Ambani’s RIL.
After coming out of the courtroom, Anil Ambani’s legal counsel, Ram Jethmalani spoke very minimal to the media and said that he has not been instructed to hold press conferences.
“I have no instructions from my client to hold press conferences. Secondly, you have already asked him some questions, I hope he has answered them. I had asked Anil Ambani that when I am discussing the MoU (Memorandum of Understanding), you (he) should be present,” Jethmalani said.
Ambani family’s MoU is an agreement on the basis of which estranged brothers Anil and Mukesh Ambani divided the assets of the Reliance business empire between themselves.
Earlier, the Bombay High Court had given its verdict in favour of RNRL, but RIL subsequently challenged it in the Supreme Court. (ANI)
- No ambiguity in gas price, quantity and tenure: RNRL (Second Lead) - Nov 24, 2009
- 'Anil Ambani entitled to earlier rights in RIL if de-merger fails' (Lead) - Nov 25, 2009
- Didn't Mukesh know of Ambani family pact, queries apex court (Lead) - Nov 12, 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
- No ambiguity in gas price, quantity and tenure: RNRL (Lead) - Nov 24, 2009
- 'Anil Ambani entitled to earlier rights in RIL if de-merger fails' - Nov 25, 2009
- Centre requests SC to declare Ambani family gas pact null and void - Jul 18, 2009
- Supreme Court reserves verdict in Reliance gas dispute - Dec 18, 2009
- RIL offers to withdraw affidavits of directors on Ambani pact - Nov 13, 2009
- KG basin gas row: SC to deliver verdict today - May 07, 2010
- Ambani family pact not binding on RIL: Counsel (Lead) - Nov 11, 2009
- Murli Deora welcomes Supreme Court's verdict on Krishna Godavari Basin Gas dispute - May 07, 2010
- Even oil ministry said RIL has full gas marketing freedom: RNRL - Dec 01, 2009
- Didn't Mukesh know of Ambani family pact, asks apex court - Nov 12, 2009
- Krishna-Godavari gas not for Dadri alone: RNRL - Dec 03, 2009
Tags: 17 years, ambani, andhra pradesh, bombay high court, business empire, chief justice, courtroom, gas price, godavari, industrialist, k g balakrishnan, krishna godavari basin, legal counsel, press conferences, ram jethmalani, reliance industries, reliance industries ltd, reliance industries ltd ril, rnrl, surprise appearance