Anil Ambani present in SC for gas row hearing

New Delhi, Nov 24 (PTI) Anil Ambani was Tuesday
present in the Supreme Court of India for the ongoing hearing
of the gas row between his group Reliance Natural Resources
Limited (RNRL) and his brother's Reliance Industries Limited
(RIL).
"My presence in the Hon'ble Supreme Court today
reflects my deepest regard for our judiciary," Anil said in a
brief statement to the media.
"I have come here today not just on my own behalf but
on behalf of nearly 11 million shareholders of the Reliance
ADA Group-the largest shareholding family in the world-whose
interests will be directly affected by the outcome of this
case," he said.
The Ambani brothers are locked in a bitter battle over
the supply and price of the gas from Krishna-Godavari basin.
While RNRL is seeking gas at a committed price of USD
2.34 per unit, RIL says it cannot honour the commitment made
in the 2005 family agreement due to government's pricing and
gas policies. PTI IB
ANU