RIL Vs RNRL: Supreme Court verdict on May 7

Posted By: Samyuktha
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Mumbai, May 7: The final verdict in the long standing legal battle between industrial giants, Mukesh Ambani's Reliance Industries Ltd (RIL) and Anil Ambani's Reliance Natural Resources Ltd (RNRL), will be delivered by the Supreme Court on Friday, May 7.

The brothers have been fighting over gas supply from RIL to RNRL. While Mukesh Ambani has been arguing in line with government's approval in supply of 28 mmscd gas for 17 years at 2.34 dollars per unit to RNRL, Anil Ambani has been accusing the elder of failing the 2005 family agreement signed.

The ruling is scheduled to be made on 10: 30 am.

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