Anil Ambani makes a surprise appearance at Supreme Court

Posted By: Staff
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New Delhi, Nov 24(ANI): Industrialist Anil Ambani, who heads the Reliance Natural Resources Limited (RNRL), made a surprise appearance at the Supreme Court on Tuesday.

The court was hearing of the gas price dispute row between RNRL and Reliance Industries Ltd (RIL) on tapping the gas in the Krishna-Godavari Basin block.

A three-member bench headed by Chief Justice K G Balakrishnan has been hearing the dispute over the supply of 28 million units of gas for 17 years at 2.34 dollars per unit to RNRL from the gas fields off the Andhra Pradesh coast, awarded to his brother Mukesh Ambani's RIL.

After coming out of the courtroom, Anil Ambani's legal counsel, Ram Jethmalani spoke very minimal to the media and said that he has not been instructed to hold press conferences.

"I have no instructions from my client to hold press conferences. Secondly, you have already asked him some questions, I hope he has answered them. I had asked Anil Ambani that when I am discussing the MoU (Memorandum of Understanding), you (he) should be present," Jethmalani said.

Ambani family's MoU is an agreement on the basis of which estranged brothers Anil and Mukesh Ambani divided the assets of the Reliance business empire between themselves.

Earlier, the Bombay High Court had given its verdict in favour of RNRL, but RIL subsequently challenged it in the Supreme Court. (ANI)

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