Ambani gas row: Anil says greedy Mukesh doesn't want compromise
Anil accused elder brother Mukesh(RIL) of being greedy to stall his repeated attempts to arrive at mutual agreement for KG gas supply. Why are Ambanis fighting?
By Dhananjay Mahapatra, TNN |
NEW DELHI: Sparks flew in the Supreme Court on Wednesday in the high voltage case between RIL and RNRL with Anil Ambani accusing elder brother Mukesh of being greedy to stall his repeated attempts to arrive at a compromise and a mutually suitable agreement for supply of gas from KG Basin wells.
While concluding arguments before a Bench comprising Chief Justice K G Balakrishnan and Justices B Sudershan Reddy and P Sathasivam, RNRL counsel Mukul Rohtagi said, “Anil Ambani always and at every stage was ready to sit across the table to settle the dispute. But at every stage, they (RIL) had refused. We are ready for settlement even now.”
RIL counsel Harish Salve rose to Mukesh’s defence and said, “These are not matters to be settled sitting at home. The High Court says take the help of mother. The matter is too technical for her. But it is wrong to suggest that the brothers had not met for settlement. They have met.”
Rohtagi said, “There have been no meetings at all. The approach (of Mukesh) is ‘I have a huge gas field and I will not give you anything’. The Supreme Court should put a full stop to all this by giving a final decision on the dispute and not sending it to any other forum.”
Salve said the RNRL counsel had borrowed all negative adjectives from the dictionary to reel off in the court without touching the merits of the case. “Their consistent argument is that how greedy my client has been. I will not go into it except saying his client (Anil) is an honourable man. Brutus was also an honourable man.”
Returning to meet the arguments of RNRL on merit, Salve said the consistent stand of Anil Ambani’s company was to adhere to the May 12, 2005, draft agreement between RIL and NTPC over gas supply.
While concluding arguments before a Bench comprising Chief Justice K G Balakrishnan and Justices B Sudershan Reddy and P Sathasivam, RNRL counsel Mukul Rohtagi said, “Anil Ambani always and at every stage was ready to sit across the table to settle the dispute. But at every stage, they (RIL) had refused. We are ready for settlement even now.”
RIL counsel Harish Salve rose to Mukesh’s defence and said, “These are not matters to be settled sitting at home. The High Court says take the help of mother. The matter is too technical for her. But it is wrong to suggest that the brothers had not met for settlement. They have met.”
Rohtagi said, “There have been no meetings at all. The approach (of Mukesh) is ‘I have a huge gas field and I will not give you anything’. The Supreme Court should put a full stop to all this by giving a final decision on the dispute and not sending it to any other forum.”
Salve said the RNRL counsel had borrowed all negative adjectives from the dictionary to reel off in the court without touching the merits of the case. “Their consistent argument is that how greedy my client has been. I will not go into it except saying his client (Anil) is an honourable man. Brutus was also an honourable man.”
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Returning to meet the arguments of RNRL on merit, Salve said the consistent stand of Anil Ambani’s company was to adhere to the May 12, 2005, draft agreement between RIL and NTPC over gas supply.
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