Oil Min aims to resolve RIL, RNRL dispute: Srcs
Published on Wed, Jul 23, 2008 at 16:48 , Updated at Thu, Jul 24, 2008 at 11:21
Source : CNBC-TV18
| ads by google |
By Nayantara Rai and Ashwin Mohan, CNBC-TV18:
The Oil Ministry said it aims to have the RIL and RNRL matter settled one way or the other, sources said. They added that the ministry has submitted an application to the Bombay High Court to become a party to the case. "There would be no need to file a rejoinder. The court would decide if the government could be party to case," sources added.
On day two of the RIL-RNRL KG Basin case, it looks like there has finally been some concrete direction to the legal proceedings. From tomorrow onwards, the case will be heard between 12 to 2 pm under a new bench comprising Justice JN Patel and Justice KK Tated.
The Court proceedings were really interesting today. RNRL Counsel Mukul Rohtagi was pushing for a slot for next week. While on the other hand, RIL council Harish Salve did not wish to miss even a single day’s argument. The government wishes to be a rightful party to the proceedings of this case. But, according to sources, the government is not wiling to file any rejoinder currently.
CNBC-TV18 Disclaimer This information has not been provided to the stock exchanges, and is source-based. |
Messages on Business Talk
Other comments
Realty body calls for 15% price cuts for affordable housing
i would just say, don,t presurise government by saying there will be sao many job loss. Its your duty to see that t...
in Business Talk - vm179210 at 23-Nov-08 04:34
Sit with cash, Pospone buying,wait for lows7500/8000
Jagdish Gaba, Well said, and it is very true but investors normally do not follow this this saying in true meaning...
in Business Talk - dineshsahay at 23-Nov-08 03:09
Rate this article
News
21-11 RIL-RNRL imbroglio: HC wants to wra...
12-11 RIL treads cautiously on restarting...
Notices
14-11 Reliance Industries Ltd has informe...
05-11 With reference to the news item app...
Expert Advice
20-11 Reliance may slip to Rs 800-900: Ha...
20-11 Downside left in Reliance Industrie...
Management Interviews
04-08 Tulip Tele confident of steady biz ...
18-10 LNG prices to be competitive going ...
Brokerage Reports
19-11 Buy RIL above Rs 1152: ICICIdirect....
03-11 Buy RIL, target of Rs 1914: Indiabu...
Technical Calls
No Technical Calls on Reliance



Offline







