|
| Andhra Pradesh ~ India ~ International ~ City ~ Entertainment ~ Business ~ Sports ~ Technology ~ Health ~ Features |
| UPA ~ Manmohan Singh ~ Sonia Gandhi ~ NDA ~ BJP ~ LK Advani |
|
Home
/ India News / 2009 / November 2009 / November 5, 2009 |
Supreme Court denies Satyam founder Ramalinga Raju bail
Lawyers role pivotal for any liberal democracy, says CJI K.G. Balakrishnan
Richest Indian Mukesh Ambani amongst Forbes top ten Billionaires
Shah Rukh Khan, Amitabh Bachchan attend Ambanis party
Anil Ambani to enter business of transforming 2-D films into 3-D
Indian business bigwigs meet in Assam for development
Richest Indian Mukesh Ambani amongst Forbes top ten Billionaires
Thackeray criticises Maharashtra Governor for Mumbai belongs to all remark
We would examine the issue of Maharashtra ATS chief, says Chavan
UK computer firm branded racist for seeking Indian origin applicant
Winslet feared upsetting director hubby over sex scene with DiCaprio
Centre not to prevent public sector banks from entering non-banking sector
Commonwealth Games, a boon for Delhi: Suresh Kalmadi
Newly discovered Jupiter-sized exoplanet might become cosmic Rosetta stone
Diabetics who have difficulty reaching out to others face early death risk
The court battle between the Ambani brothers will begin afresh today, after two judges of the Supreme Court rescued themselves from two separate cases on Wednesday, citing possible conflict of interest.
New Delhi, Nov 5 : The court battle between the Ambani brothers will begin afresh today, after two judges of the Supreme Court rescued themselves from two separate cases on Wednesday, citing possible conflict of interest.
Justice B Sudarshan Reddy has replaced Justice Raveendran. The three-judge bench headed by Chief Justice K G Balakrishnan will start hearing the RIL-RNRL case afresh.
Mukesh Ambani and Anil Ambani are battling over the delivery of gas from the Krishna Basin. Mukesh wants to revise the price of gas at which Anil can buy from him. The price agreed upon is below market rates, and was arrived at through a family agreement.
When the case came up before the courts last month, Justice Raveendran told the court that he had shares in Mukesh Ambani's RIL and offered to withdraw from the case if anyone had any objection.
"I came to know that my daughter is a partner in AZB Company. This company is advising RIL on global acquisitions. Though it is not directly connected with the case, I don't want to continue with the case," said Justice Raveendran.
The high-voltage legal battle between the Ambani brothers has entered its third week of hearing.
Justice Raveendran, one of the judges hearing the Ambani vs. Ambani case, dropped out of the case yesterday.
After hearing the judgement for almost two months, Supreme Court Judge Markandey Katju dropped out of the case involving Mukesh Ambani's Reliance Industries Limited (RIL) on Wednesday.
The case from which Justice Katju withdrew related to a dispute over the price of naphtha supplied by the state-owned Bharat Petroleum to Reliance Industries.
Justice Katju withdrew from the case, saying that his wife owned Reliance industries shares.
ANI
