Apex court posts July 20 as date for hearing gas dispute

New Delhi, July 7 (PTI) The Supreme Court of India on
Tuesday 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 USD 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. PTI IB
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