THE government has withdrawn the affidavit it had filed in the Bombay
High Court, which argued that Reliance Industries (RIL) cannot sell KG
basin gas at a price less than $4.20 per million British thermal units
(mBtu).
The surprise move comes in the wake of Reliance Natural Resources
(RNRL) counsel Ram Jethmalani’s demand to cross-examine the official
who had signed the affidavit on behalf of the government. However, the
government counsel, additional solicitor general Mohan Parasaran, and
RIL counsel Harish Salve strongly opposed Mr Jethmalani’s demand for
cross-examination.
Appearing for the government, Mr Parasaran said the affidavit, filed
during the hearings on the dispute between Mukesh Ambani-led RIL and
younger brother Anil Ambani’s RNRL, was being withdrawn. “We have
withdrawn the affidavit as we do not want to waste the court’s time in
cross-examinations. The government will assist the court with respect
to policies and provisions of the production-sharing contract. We will
file our submissions in January, when the matter comes up for hearing.”
Arguing against cross-examination, RIL counsel Salve said, “It’s (a)
tragedy of error. The court cannot allow crossexamination of an
intervener.” Mr Salve also sought six working days of the court to
present his arguments against RNRL’s fresh appeals.
In the long-running case between RIL and RNRL, the government had
become an intervener seeking to lift the stay on RIL’s gas sales.
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