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India Supreme Court to hear Reliance case on Jul 20

Tue Jul 7, 2009 9:21am EDT

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MUMBAI, July 7 (Reuters) - India's Supreme Court said on Tuesday it will hear a case on a gas supply dispute between Reliance Industries (RELI.BO) and Reliance Natural Resources (RENR.BO) on July 20.

The parties are contesting details in a supply contract agreed when the Reliance empire split in 2005. In June, the Bombay High Court ruled Reliance Industries, controlled by billionaire Mukesh Ambani, should supply gas to Reliance Natural, headed by estranged younger brother Anil, at nearly half the price of an interim ruling. [ID:nBOM433343]

The Bombay High Court had given the parties a month to reach a suitable agreement. (Reporting by Ami Shah; Editing by John Mair)



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