Court to take up RIL, RNRL case on Monday
Reliance Natural Resources (RNRL) and Reliance Industries would wait for court's verdict on the pricing and ownership issue of Dadri gas project. The court would take up hearing on Monday and counsels of both parties are ready to fight legal battle in the court.
The bench comprising Justice KK Tated and Justice JN Patel would hear the pleas of both parties to address the issue. Earlier, Justice KK Tated was scheduled to be shifted on accounts of some administrative rules.
The senior counsel of Reliance Natural Resources (RNRL), Mukul Rohatgi said, "We heard that the government has decided that Reliance Industries would provide gas to Reliance Power for its project at Dadri, subject to availability. But our issue is the pricing of the gas and that remains."
The senior counsel of RIL, on the other hand, said, "We are ready with our case and will be going ahead with the same next week."
It may be recalled that Anil Ambani owned RNRL had expressed reservation on gas price fixing formula by government and filed an affidavit in the Bombay High Court last month.