New Delhi, July 30 - Anil Ambani-led Reliance Natural Resources moved the Supreme Court Thursday seeking an early settlement of the dispute with Reliance Industries over gas from the Krishna-Godavari basin, even as the government withdrew its affidavit as an intervener on the matter.
According to Mahesh Agarwal, Counsel for Reliance Natural Resources, the Supreme Court admitted his client's petition and asked all the parties to appear before it on Sep 1. The court also said an earlier date may be fixed for final hearing.
Both the government and Mukesh Ambani-led Reliance Industries supported the petition that seeks early resolution of the dispute over natural gas from the fields off the Andhra Pradesh High Court.
The government, meanwhile, withdrew its special leave petition, which wanted the court to quash the production-sharing contract between the two companies. A modified version is expected later this week.
Last month, the Bombay High Court had asked Reliance Industries to supply 28 million units of gas from Krishna-Godavari basin to Reliance Natural Resources for 17 years at $2.