Mumbai, Aug 21:
Saying that dispute between Mukesh Ambani-led RIL and Anil Ambani-led RNRL over gas supply from Krishna-Godavari basin might "affect the economy", the Bombay High Court on Thursday suggested that the warring brothers go back to their mother Kokilaben and settle the dispute. "Why can't the two brothers go back to the mother and discuss?" said Justice J N Patel. While Anil's lawyer welcomed the idea, RIL lawyers said they will get instructions from Mukesh's side. A division bench of Justices J N Patel and K K Tated is hearing case between RIL and RNRL over Gas Supply Master Agreement (GSMA) pertaining to supply of natural gas from RIL's Krishna Godavari reserves to RNRL's power plants. Earlier, a single judge of High Court has asked the parties to renegotiate the disputed GSMA but it did not work out. However, Justice Patel today said "no amount of litigation would put an end to the dispute" and suggested that perhaps both the brothers can sit together with their mother and find a solution. "If these two big industries keep fighting, it may affect the economy," the judge said. RNRL's lawyer Mukesh Rohatgi said "he (Anil) is ready to meet Mukesh anytime, any place." RIL lawyer Milind Sathe said he would seek instruction but said that despite the earlier judge's direction to sit together and renegotiate GSMA, it did not happen. "That was the end of the matter". GSMA was drafted following demerger of RIL following which whereby Anil Ambani got control of Reliance Natural Resources Ltd.
I think it is frivolous on the part of Bombay High Court to suggest 'Mummy's solution' in the case between the Ambani brothers before them. Both the brothers are running highly professional companies. Injecting an element of personal relationship may be good from the human resources point of view, but a court is supposed to judge any case on merits, based purely on facts and circumstances.
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