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Tuesday, Nov 24, 2009
 
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Don't wait for court decision on RIL dispute: NTPC24-NOV-09
With Reliance Industries Ltd (RIL) stating in court that gas from its D6 block will be available for only 11 years, NTPC wants the empowered group of ministers (EGoM) to give directions to RIL for supply of gas to its Kawas and Gandhar expansion projects. The company wants the directions to be given under clause 21.6.2 (b) of the production sharing contract for supply of 12 million standard cubic metres a day for 17 years.
Parasaran begins arguments in gas row18-NOV-09
Additional Solicitor General Mohan Parasaran asserted today that all natural resources, including gas, were the property of the central government, according to Article 297 of the Constitution. They cannot be shared among private parties, ignoring the interest of the government, custodian of the public interest.
Sanjay Dalmia asked to appear before EOW18-NOV-09
The Bombay High Court has asked Delhi-based businessman Sanjay Dalmia to appear before the Economic Offences Wing (EOW) in connection with a cheating case.
Sanjay Dalmia asked to appear before EOW17-NOV-09
The Bombay High Court has asked Delhi-based businessman Sanjay Dalmia to appear before the Economic Offences Wing (EOW) here in connection with a complaint of cheating filed by Indiabulls Financial Services.
HC directs RIL to amend petition against NTPC in two weeks05-NOV-09
The Bombay High Court today directed Mukesh Ambani-led RIL to carry out amendments in its petition against state-owned NTPC on a gas supply deal within two weeks.
Supreme Court judge steps out of RIL-RNRL gas case05-NOV-09
Daughter with firm advising RIL; Bench reconstituted, fresh hearings to begin.
Dispute can't be arbitrated, says RIL29-OCT-09
Reliance Industries Ltd (RIL) today told the Supreme Court that the gas dispute between the company and Reliance Natural Resources Ltd (RNRL) cannot be put to arbitration, and resolution to the dispute lies in the relevant section of the Companies Act.
Well within rights to petition SC: Centre20-OCT-09
Government says it owns natural gas in the country and RIL, RNRL must abide with EGoM policies.
Pumping oil in petrol pump is manufacture12-OCT-09
Pumping oil in a petrol pump is manufacturing process, so ruled the Supreme Court in a very recent judgement.
Importers must study exemption notifications carefully05-OCT-09
A Division Bench of the Bombay High Court has held [Dimexon Vs. UOI 2009 (241) ELT 519 (Bom.)] that “once a notification is issued under Section 25 of the Customs Act, 1962, that notification alone would govern the issue of exemption of Customs duty”. The judgment is significant because there are many situations when the Foreign Trade Policy (FTP) provisions are different from the Customs exemption notifications.
India wants to open legal sector to foreign firms03-OCT-09
Union Minister for Law and Justice M Veerappa Moily said India was committed to opening its legal sector to foreign law companies as agreed under the World Trade Organization (WTO) negotiations, but would tread cautiously on this decision. At the same time, the country would not do anything that undermined the autonomy of the Bar Council of India, he added.
RNRL asks SC to dismiss govt's petition on RIL gas19-SEP-09
Anil Ambani group company Reliance Natural Resources Ltd (RNRL) has asked the Supreme Court to dismiss the government’s special leave petition (SLP) on the Ambani gas dispute, saying it had no legal standing to seek any orders and could, at best, only make submissions.
Arjun Rajgopal & Kartik Ganapathy: Infrastructure's Swiss challenge19-SEP-09
Traditionally, the bidding process for a project involves the government identifying the project and seeking bids from companies/consortiums in the private sector who will ultimately undertake the project. The government also lays down certain parameters that bidders must meet in order to qualify for the bidding process. This process relies primarily on the government for identifying new projects.
Bombay HC restrains Sesa Goa's mining operations18-SEP-09
Sesa Goa's iron ore mining operations at Advalpal village in the state were restrained through an interim order by Goa bench of Bombay High Court.
Fares soar as airlines chip in to help Jet10-SEP-09
The second day of the Jet Airways pilot protest saw the Bombay High Court issuing a contempt notice to pilots, fares soar and the airline industry putting its support behind the airline's management by taking up the slack of the 250 flights (above 500 domestic and international) that were grounded today after more than 400 pilots took mass sick leave for the second day in protest against two pilots sacked last month and three yesterday.
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