RNRL moves to join NTPC’s gas case in SC
Anil Ambani group company RNRL on Monday sought the Supreme Court's permission to be a party to state-owned NTPC's case against Reliance Industries Ltd for getting gas at a contracted price, saying its case against the Mukesh Ambani-led firm was similar.business Updated: Sep 15, 2009 00:01 IST
Anil Ambani group company RNRL on Monday sought the Supreme Court's permission to be a party to state-owned NTPC's case against Reliance Industries Ltd (RIL) for getting gas at a contracted price, saying its case against the Mukesh Ambani-led firm was similar.
“Since the issues that arise in the case filed by NTPC in the Supreme Court directly affect the case of RNRL against RIL, it is just and necessary that RNRL is permitted to be impleaded as a party in the present case,” Reliance Natural Resources said in its application for intervention.
Listing out a number of issues that are “common” in the cases instituted by NTPC and RNRL against Reliance Industries for enforcement of an agreement to supply gas, RNRL said: “RIL is relying upon the pleadings in RIL Vs RNRL case to support its defence against NTPC.”
Therefore, any decision on NTPC's petition, filed on September 5, would have a bearing on RNRL's case already pending before the Supreme Court, the application said.
Both RIL and RNRL have filed cross-appeals on a June 15 judgement of Bombay High Court that asked RIL to give gas at $2.34 per unit and suggested the two firms to reach an enabling agreement for the same.
The apex court would commence hearing on October 20 on these appeals, as also a related petition filed by the government. NTPC's petition, challenging a Bombay High Court decision that allowed RIL to amend its petition on the gas dispute citing the government's pricing policy, is yet to be heard by the apex court.