The Supreme Court today issued notice to Mukesh Ambani-led Reliance Industries, Anil Ambani-run Reliance Natural Resources Ltd, and the government on cross-appeals by both the two companies on their gas supply dispute.
While issuing notice to the three sides, an apex court Bench headed by Chief Justice K G Balakrishnan posted the matter for hearing on July 20.
Last week RIL moved the apex court challenging the Bombay High Court order that asked it to supply 28 mmscmd of gas to RNRL at $ 2.34 per mmbtu.
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.
Reliance Natural Resources Ltd had also moved the Supreme Court seeking modification in the Bombay High Court order to make binding the gas supply from RIL.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app