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SC rejects RNRL plea on hearing

business Updated: Jul 30, 2009 20:52 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The Supreme Court on Thursday refused to commence final hearing of the gas dispute between the Mukesh Ambani-led RIL and Anil Ambani’s RNRL from September 1, as sought by the latter.

A bench headed by Chief Justice of India KG Balakrishnan said the final date of hearing would be fixed on September 1, already scheduled for hearing the petitions filed by the Ambani brothers, government and some other parties affected by a Bombay High Court’s decision asking RIL to supply gas from the Krishna-Godavari basin to RNRL at $ 2.34 per mmBtu (million British thermal units) against the officially prescribed $ 4.2 per mmBtu.

The bench said it would try to give an early date but the first week of September was not possible.

RNRL’s senior counsel Mukul Rohtagi requested the bench to take up the final hearing on September 1, as the entire Bombay High Court record was before the SC, with nothing more to be filed.

Additional Solicitor General Mohan Parasaran said the government, too, wanted an early resolution of the gas dispute.

On behalf of the RIL, senior counsel Harish Salve said he had no problem with an early final hearing, but wondered, "what public interest would this serve.”