ManagementHearing in RIL-RNRL gas dispute may be deferred to Sep 4
The Supreme Court is likely to defer the gas dispute between Mukesh Ambani group firm RIL and Anil Ambani group company RNRL to September four, as the Chief Justice may lead a Constitutional Bench the same day.
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The cross-appeals filed by RIL, RNRL and the admissibility of the government"s special leave petition on a dispute are scheduled to be heard by a three-judge bench headed by Chief Justice K G Balakrishnan on September one.
While there is no official word on the possible change of dates, sources said there may be a change in the date of hearing due to the fact that the Chief Justice is leading a Constitutional Bench comprising five judges on September one.
RNRL is likely to raise the issue before the court tomorrow.
In its petition, RNRL wanted immediate implementation of the Bombay High Court order that asked RIL to supply of gas to it at $2.34 per mmBtu, which is 44 per cent less than the official rate. RIL has contested the court award, saying it cannot supply fuel without the government"s consent.
The government had also filed a SLP seeking to declare the part of the family agreement that divides gas from RIL"s KG-D6 fields between firms run by the two brothers "null and void".
Reliance Industries Ltd in its appeal had alleged that the High Court had erred in deciding the three terms - quantity, tenure and price of gas supply -- to power plants of RNRL affiliates.