SC accepts RIL’s fresh request to settle gas row with Centre

NEW DELHI: SC on Monday accepted a fresh request from Reliance Industries Ltd, which questioned govt’s $2.81 billion demand for alleged pilferage of pure gas by RIL from ONGC block in KG Basin, to resolve the dispute bilaterally with the Centre.When the plea for conciliation was made by senior advocate Kapil Sibal, lawyer common R Venkataramani mentioned a fresh request was made on Monday morning by RIL and govt is keen to take into account the request.The CJI-led bench, which had per week again declined to adjourn the listening to to July, agreed to postpone the four-day-long listening to to the third week of July after the AG mentioned govt was not averse to exploring the bilateral dispute decision course of. “We shall be most joyful if the dispute is resolved by conciliation. For those who come out with a settlement, we’ll get rid of the attraction,” it mentioned. Final Wednesday, RIL made two makes an attempt to persuade the CJI-led bench to adjourn listening to, however the AG had most popular that listening to on RIL’s attraction in opposition to Delhi HC judgment be concluded.