iconimg Sunday, August 30, 2015

HT Correspondent, Hindustan Times
New Delhi, October 01, 2013
The Supreme Court on Monday issued notice to Centre and Reliance Industries Ltd (RIL) on a PIL seeking cancellation of the oil and gas exploration contract for the KG block, and imposing a penalty for failing to adhere to commitments. A bench headed by chief Justice P Sathasivan even sought the response of the CBI on the PIL, which was  filed by former cabinet secretary TSR Subramanian and ex-Naval chief Admiral L Ramdas among others.

The petitioners have sought a CBI probe into the alleged “collusion between RIL and the political establishment.”

The petitioners — also including former secretary Ramaswamy Iyer and NGO Common Cause — also challenged the Centre’s decision to raise the price of natural gas.

The apex court has already issued notice to the Centre on the same issue, on the basis of a PIL filed by CPI MP Gurudas Dasgupta, which made similar allegations.

The court has tagged their PIL with Dasgupta’s petition.

Reliance had filed an affidavit refuting Dasgupta’s allegations and stating that it has taken all steps for arbitration proceedings with the Centre to sort out disputes.