Anil Ambani-owned RNRL has accused Reliance Industries of ?deliberately making several wrong statements? so as to mislead the Supreme Court, which has reserved its verdict on the Ambani gas row.
RNRL in its additional written submissions before the apex court said RIL had referred to its information memorandum filed before the stock exchanges to prove that RNRL had accepted the gas supply master agreement (GSMA) without any objection.
?This statement is absolutely wrong and incorrect? and the Mukesh Ambani firm had failed to notice that in the same memorandum RNRL had stated that RIL had unilaterally introduced terms in the agreement of January, 2006, so as to make it unworkable and unbankable and RNRL was taking steps to get the GSMA suitably amended.
Reiterating its stand on the sanctity of the MoU signed between the two brothers on June 18, 2005, RNRL said the family MoU rather than GSMA was a valid, existing and binding commitment by RIL for supply of gas to it. RNRL said the Gas Utilisation Policy of May, 2008, would not apply to existing binding gas supply commitments made by RIL before the policy was made and the same is without prejudice to its and NTPC?s case.
Countering RIL?s submission that the government had reserved the right to frame utilisation policy, the written submissions stated that ?this is not correct?. ?The government has reserved to itself the right to frame the policy only until the state of approval of the development plan. Once the development plan has been approved, there is absolute marketing freedom conferred on the contractor (RIL),? RNRL stated.