Reliance Industries Limited (a Company Incorporated Under the Provisions of the Companies Act, 1956) Vs. Reliance Natural Resources Limited (Formerly Global Fuel Management Services Limited) (a Company Incorporated Under the Provisions of the Companies Act, 1956)

Decided On : Jun-15-2009

Court : Mumbai

LAW: Article 21 of the, Exhibit 'F', the Companies Act, Article 21.6, Article 21, Section 392 of the Companies Act, the Companies Act, Section 392, Section 392, Chapter V and, the Companies Act, the Companies Act, Section 392, Article 21, Section 392, the Companies Act, Exhibit 'F', Section 392, Chapter V and, the Companies Act, Section 392 of the Act, Section 391 of the Act, Section 391 of the Act, the Companies Act, Section 392, the Companies Act, Section 392, Section 392, Section 394, the Companies Act, Section 392(2, Section 392(2, Section 392 ', Section 392, Section 392(1, Section 392, Section 392, Section 186, Section 392, Section 392(1, Section 186, Section 392, Section 391 of the Act, Section 392, Section 391, Section 391, Section 392, Section 392 of the Companies Act, Section 186, Section 392, Section 392(1, the Companies Act, Section 6 of the Specific Relief Act, Section 6 of the Specific Relief Act, Section 6 of the Specific Relief, Section 392 of the Act, Section 392(2, Article 13.9, Article 21.6.3, Article 15 and 16

PERSON: J.N. Patel, Miher H. Mafatlal, Kokilaben Dhirubhai Ambani, Kokilaben, Mukesh Ambani, Anil Ambani, REL, REL, Gas Sale, REL, Shri Anil Ambani, Shri Anil Ambani, Mukesh Ambani, Anil Ambani, Kokilaben Dhirubhai Ambani, K.K. Modi v., Ambani, V.B. Rangaraj v., V.B. Gopalkrishnan, Spindel Fabrik Sussen, MOU Exhibit - 1, Demerged Undertaking, Articles, REL, S.K. Gupta, Anr, K.P. Jain, Anr, Miheer H. Mafatlal, S.K. Gupta's, S.K. Gupta, Anr, CompCas 51, S.K. Gupta's, Jawad Ayaz 2003, D.S. Venkatraman, Mukesh Ambani, Appellants, Dhirubhai Ambani, V.B. Rangaraj v., V.B. Gopalakrishnan, MOU, Exhibit, Shri Mukesh Ambani, Shri Anil Ambani, Ambani, REL, REL, S.K. Gupta v., K.P. Jain, S.K. Gupta, Anr, Jawad Ayaz 2003, I. Submissions, Demerger, REL, REL, Kamgar Samiti, S.P. Gupta v., RNRL, Girni Samiti, Gupta, Salve, S.K. Gupta, Anr, K.P. Jain, Anr, S.K. Gupta, Anr, S.K. Gupta v., K.P. Jain, Ind Telesoft, Jawad Ayaz 2003, Karnataka, suo motu, D.S. Venkataraman, K. Meenakshi Amma v. Sreerama Vilas Press, S.K. Gupta v., K.P. Jain, Cas 342, New KaierIFlind Spg, K.N. Samant, Bachani, Kar, windingup, windingup, Anil D. Ambani, Shri Anil D. Ambani, Shri Mukesh D. Ambani, Ram Jethmalani, Kim Lewison, al, RNRL, Mukesh Ambani, J.P. Chalasani, Sandip Tandon, L.V. Merchant, Salve, RNRL, Mega Watts, Reliance Patalganga, REL, RNRL, REL, therein)35.3147, feet44, cubic meters, Buyer, cubic meter, standard cubic meters, standard cubic feet, share;c, RNRL, NTPC, Seller, iii RIL, Seller, Seller

NORP: J.1, contra, Mafatlal, P1

CARDINAL: 844, 1122, two, two, 731, four, 1:1, One, three, two, two, 844, 1122, two, two, 28, 40, 12, two, three, 12, 20,000, millions, 1122, 731, two, two, one, two, two, 1976]3SCR202, 1998]1SCR601, 2, 202, 2000(2)BomCR241, 4, two, two, two, 391, 19, transferee, two, two, one, four, four, 391, 391, 121, 1979]2SCR1184, 28, 51, 43, 478, 47, 352, 391, 12, 28, 40, 2.34, 28, 28, two, One, two, 6.5, 6.6, two, two, two, two, 1979]2SCR1184, 51, 43, 478, 391, 24, four, 2006.25, 22, 1979]2SCR1184, three, 392, 1979]2SCR1184, 16, 26, 28, one, 51, 1979]2SCR1184, 43, 478, 1, 2, 31.4, 47, 352, 1, 73, 285, 392, 49, 35, 31.7, 69, 391, 86, 328A, one, two, one, four, transferee, 22, 24, 17, 17, 22, 23.2, 23, 24, four, 37, as high as 40, more than one, 250, 3.1, 106, 35.3147, two, 35.3174, three, three, about 2 to 3 months, 4, 2.63, 12, about 0.15, 35.3147, 35.3147, 365, 1, 2, one, 2015.51, 3.4, 2025.52, two, 28, 28, 16.67, 13.9, 25, 4, 4, 5, 4, 1

DATE: 2007, 2008, 15th October, 2007, 2006, 2006, October, 2005, 9th December, 2005, 18th June, 2005, 2007, 2006, 2006, '2nd, 12th January, 2006, 12th January, 2006, 12th January, 2006, 12th January, 2006, 15th October, 2007, 2006, 18th June, 2005, the year 2000, 1989, 2003, 2006, 9th December, 2005, 2004, 1981, 1977, 1212006, 12.1.2006, 17 years, 16, 28 + 12, 17 years, 11.1.2006, 12.1.2006, 1956, 11.1.2006, 12.1.2006, 11.1.2006, June, 2005, January, 2006, January, 2006, 12th January, 2006, 2008, '2nd, 1981, 12th January, 2006, 27th January, 9122005, 1981, 51, 1977, 1992, 1979, 46, 32, 23, 19, 20, 21, 22, 23, 24, 12 months, 12.1.2006, 12.1.2006, January 2006, January 2006, January 2006, January 2006, five years i.e. 20132014, 28 + 12, Years, 31 March 2025.43, as many years, March 2025, 2025, Years, daily, each Year, 17 years, annual, the year 2002, 17 years, annual, daily, annual, annual, Annual, '49, 120 days, 60 days, 120 days, each year, the contiguous years, 2018, 2015, 2018, these balance years, the years, 2025, 60 days, 30 days, annual, 2025, the date of 2015, 2015, 2015, 2014, eight years, 55, a period of, 17 years, that year

ORG: Reliance Industries Limited, RIL, Reliance Natural Resources Limited, Reliance Natural Resources Limited, RNRL, Reliance Industries Limited, Reliance Natural Resources Limited, Reliance Industries Limited, The Company Application No., Company Petition No, Reliance Natural Resources Limited, the Scheme of Arrangement, RIL, Reliance Industries Limited, Reliance Energy Ventures Limited, Global Fuel Management Services Limited, Reliance Capital Ventures Limited, Reliance Communication Ventures Limited, RIL, RIL, Scheme, the Demerged Undertaking, the Petitioner Company, Resulting Companies, the Petitioner Company, Resulting Companies, the Petitioner Company, the Petitioner Company, the Petitioner Company, the Petitioner Company, the Demerged Undertakings, the Supreme Court, Mafatlal Industries Ltd., Scheme, the Company Court, Scheme, Scheme, the Scheme of Arrangement, the Scheme of Arrangement, Scheme, Scheme, Scheme, the Petitioner Company, Scheme, Court, Company Application, Court, Ambani, Reliance Industries Limited, the Petitioner Reliance Industries Limited, Reliance Industries Limited, RNRL, MOU, RNRL, Court, Gas Based Energy Undertaking, RIL, RNRL, Scheme, Court, the Gas Based Energy Undertaking, Applicant, Global Fuel Management Services Ltd.4, RIL, RNRL, RNRL, RIL, RNRL, MMSMCD, NTPC, NTPC, RIL, RNRL, the Applicant RNRL, RNRL, RIL, Applicant, Applicant, RIL, Applicant, RIL, MMSMCD, NTPC, NTPC Contract Terms', Applicant, the Applicant RNRL, RIL, U.P., Applicant, Court, the Gas Based Energy Undertaking, the Company Court, Applicant, NTPC, Applicant, Applicant, RIL, the Company Court, Applicant, Court, Applicant, RIL, Scheme, Applicant, RIL, the Gas Based Power Projects of REL.8, Applicant, RIL, Applicant, GSPA, RIL, GSMA, RIL, RIL, Applicant, the Board of the Applicant, GSMA, Applicant, RIL, RIL, Applicant, the Applicant Company, Applicant, Applicant, RNRL, the Union of India, the Union of India, Court, the Union of India, Court, the Union of India, Reliance Industries Limited, Court, the Union of India, Additional Solicitor General, the Company Application No., Company Petition No, Scheme, Court, Company Application, RIL, MOU, Exhibit 'F', GSPA, MOU, the Company Court, Court, RNRL, MOU, MOU, GSMA, GSPA, the Reliance Industries Limited, the Union of India for Block KGD6, the MOU / Family Arrangement, the Supreme Court, Kale and Ors, Consolidated and Ors, K.N. Modi, Late Dhirubhai Ambani, the Supreme Court, Sussen Textile Bearings Ltd., Rolta India Limited, Venire Industries Ltd., Il & FS Trust Company Ltd., Birla Perucchini Ltd., MOU, GSPA, GSMA, Exhibit 'F', Applicant, MOU, Scheme, Court, Scheme, Reliance, the Demerged Undertakings, Reliance Patalganga Power Limited, the Gas Based Energy Resulting Company, RIL, MOU, MOU, GSMA, GSPA, MOU, the Union of India.13, GSMA, GSPA, Scheme, Court, Scheme, GSMA, GSPA, the Union of India, GSMA/GSPA, GSMA/GSPA, Scheme, GSMA/GSPA, MOU, Scheme, MOU, the International Best Practices, International Financial, MOU, the Applicant RNRL, Applicant, Applicant, Scheme, Scheme, Scheme, Scheme, the Company Court, Reliance Industries Limited, the Company Court, Scheme, Sections, the Company Court, Scheme, Scheme, Larsen & Toubro Ltd., CompCas 523, Sections 391 - 394, the Supreme Court, the Supreme Court, Mafatlal Industries Ltd., the Supreme Court, Indian Hardware Industries Ltd., Delhi High Court, Court, Scheme, IndTelesoft Private Limited, SCL, Karanataka High Court, Scheme, Court, Gujarat Industries Pvt, the Company Court, Court, the Company Court, NTPC, GSMA, GSMA, MOU, GSMA, the Union of India, GSMA, GSPA, Government, RIL, PSC, RIL, RNRL, NTPC, Government, Government, Government, Applicant, Government, NTPC, Government, PSC, Government, Government, Government, Respondents, Government, PSC, MOU, Scheme, Government, Respondents, PSC, GSMA, RIL, RNRL, RIL, RIL, RNRL, RIL, RNRL, Court, the RIL Board, GSMA/GSPA, Scheme, Court, Applicant, Company, GSMA, RIL, RNRL, Reliance Industries Limited, Company Court, GSPA, RIL, the Board of Directors, the Board of Directors, Board, MOU, Group of Companies, MOU, MOU, Scheme, MOU, Appellants, MOU/, MOU/, the Appellant Company, MOU, MOU, the Articles of Association, the Supreme Court, MOU, Court, Scheme, MOU, the Board of RIL, Reliance Patalganga Power Limited, the Board of Directors, the Board of Directors of Demerged Company, Board, Board, Appellants, MOU, MOU, the Board of Directors, MOU, Scheme, the Respondents on Exhibit 'F', the Company Application the Respondents, the Company Court, GSMA, the Court at Exhibit 'F', MOU, Companies, GSMA, GSPA, MOU, Scheme, MOU/, MOU, Court, MOU, the Company Application, Reliance Natural Resources Ltd., RNRL, the Company Court, Affiliate, NTPC, NTPC, MOU, Respondents, Affiliate, Scheme, RNRL, GSMA, GSPA, MOU, MOU, GSMA, Government, Government, the Gas Based Undertaking, the Company Court, Appellants, MOU, Scheme, Court, GSMA, MOU, Scheme, the Gas Based Energy Undertaking, Appellants, the Resulting Company, Undertakings, Scheme, the Company Court, Court, Gas Based Energy Undertaking, RIL, RNRL, Scheme, Court, the Gas Based Energy Undertaking, Applicant, Global Fuel Management Services Ltd., the Supreme Court, the Hon'ble Supreme Court, High Courts, the Delhi High Court, Indian Hardware Industries Ltd., IndTelesoft Private Limited, SCL, the Company Court, RNRL, Court, RIL, Court, the Effective Date, Scheme, the Demerged Undertakings ', Resulting Companies, Scheme, RIL, the Gas Based Energy Undertaking, RIL, Board, Board, Board, RNRL, GSMA, the Board of RIL, RNRL, Scheme, Scheme, RNRL, GSMA, Scheme, Scheme, The Board of Directors, Demerged Undertakings, Gas Based Energy Undertaking, The Gas Based Energy Undertaking, Scheme, Scheme, Scheme, Board, Board, the Supreme Court, Meghal Homes v., the Hon'ble Supreme Court, Court, Court, Scheme, the Company Application under Section 392 of the Companies Act, Scheme, RNRL, RNRL, RNRL, the Scheme of Arrangement, Hon'ble Court, RNRL, RIL, the Scheme of Arrangement, RNRL, RNRL, Hon'ble Court, RNRL, the Company Court, the Supreme Court, KP Jain, Court, Scheme, Hon'ble Court, RNRL, Scheme, Court, GSMA, RNRL, Scheme, Court, RIL, RIL, Scheme, Court, Scheme, the Supreme Court, Meghal Homes v., Court, RNRL, Court, the Supreme Court, Miheer Mafatlal v. Mafatlal Industries, all Scheme of Arrangement, Court, Bar, Court, Court, Court, Court, Court, Court, Indian Hardware Industries Ltd., Ors, the High Court, the Company Law Board, the Supreme Court, SCL, the High Court, Court, Court, Court, SubSection, Court, Court, Parliament, Court, Court, Court, Section, Court, Gujarat Industries Pvt, SubSection, Ors, Division, the High Court, the Supreme Court, Court, the Company Law Board, Supreme, Divya Vasundhara Financiers Ltd., Court Committee, Unique Builders, Court, the Court Committee, the Court Committee, Company, Mysore Electro Chemical Works Ltd., Ors., Bank of Baroda Ltd., Mahindra Ugine Steel Co. Ltd., RIL, Court, Board, the Record Date, RIL, the Board of Directors, each Resulting Company, RNRL, Court, the New International Websters Comprehensive Dictionary, Legal Theasaurus - Regular Edition - William C. Burton, the Interpretation of Contracts, Boards of Directors, the Demerged Company, Boards of Directors, Sub Clause, Scheme, High Court, Boards of Directors, the Demerged Company, the Resulting Companies, RIL Demerged, Resulting Companies, Reliance Patalganga Power Limited, the Gas Based Energy Resulting Company, Scheme, RIL, the Company Court, the Company Court, Scheme, RNRL, the Applicant Company, RNRL, Court, the Company Court, Appellate Court, RNRL, the Company Court, RIL, GSMA, GSPA, Reliance Patalganga Power Limited, the Gas Based Energy Resulting Company, RNRL, RIL, Scheme, the Company Court, Demerged Company, Global Fuel Management Services Limited, GSMA, GSPA, RIL, Reliance Industries Limited, the Demerged Company, RNRL, Global Fuel Management Services Limited, RIL, the Resulting Company, GSMA, GSPA, the Board of RIL, the Board of RNRL, RIL, ADAG, Anil Dhirubhai Ambani Group, ADAG, the Board of RNRL, the Board of RNRL, Mukesh Ambani / RIL, RIL, Reliance Patalganga Power Ltd., GSMA, RNRL, MMCSMD, MMCSMD, NTPC, MMCSMD, RNRL, gas.39, GSPA, RNRL, GSPA, RNRL, RNRL, RNRL, GSPA, RNRL, GSMA, Reliance Patalganga Power Ltd., the Gas Based Energy Resulting Company, RNRL, Reliance Patalganga Power, RNRL, GSMA, GSMA, GSPA, Gas, Development Plan, the Tenure.5.7.1.1The Tenure, RNRL, the Initial Block KGD6 Development Plan, APV - N, the InitialBlock KGD6 Development Plan, TCFrequired, GSPA, ACQ, the Initial Block KGD6Development, the BuildUp Period, NTPC, NTPC, TCF, NTPC, Exploration & Production, Oil & Gas, Reserve, Possible and Probable Reserve, the Proven Reserve, Block KGD6, RIL, NTPC, RIL, TCF, NTPC, TCF, TCF, TCF, MMSCMD x 365, NIKO, NTPC, RNRL, NIKO, RNRL, GSMA, RIL, RNRL, the Available Quantity, Development Plan, RIL, RNRL, RIL, RNRL, P1, RNRL, GSPA, GSPA, GSPA, GSPA, RNRL, GSPA, RNRL, RIL, GSPA, RIL, GSPA, RNRL, GSMA, GSMA, GSPA, GSPA, RNRL, RIL, RIL, RNRL, the Demerged Company, Scheme, RNRL, GSMA, the Judgement of the, GSMA, GSPA, Upstream Arrangements and Approvals, GSPA, GSPA, GSPA, GSPA, RIL, RNRL, GSPA, RIL, Government, RIL, RIL, RIL, RNRL, RIL, Clause 13.9, GSMA, RIL, NTPC, NTPC, NTPC, NTPC, GSPA, Government, NTPC, RIL, RNRL, NTPC, RIL, GSMA, RIL, RIL, the Board of Directors, RIL, RNRL, PSC, RNRL, RIL, GSMA, Government, RIL, RIL, PSC, PSC, Government, the Cost Petroleum

ORDINAL: 24th, first, third, first, second, first, Firstly, Secondly, Thirdly, first, third, second, Secondly, first, Second, first, first, first, second, First

PERCENT: 98.81%, 51%, 80%85%, 90%, 50%, 100%, 20%30%, 50%60%, 90%, 50% and, 10%, 90%, 50% and, 10%, 90%, 50%, 10%, 10%

WORK_OF_ART: the Memorandum of Understanding, the Memorandum of Understanding / Family Arrangement, Scheme, Production Sharing Contract, the Memorandum of Understanding, the Memorandum of Understanding, the Memorandum of Understanding, the Memorandum of Understanding Exhibit - 1, the Memorandum of Understanding, Scheme of Arrangement, the Scheme of Arrangement, Gas Sale, the Scheme of Demerger, Scheme, the Power Plants, Certified Proven Reserves, Recoverable Reserves', Proved Reserves, 'Probable Reserves', 'Possible Reserves', Possible and Probable Reserves, Possible and Probable, P1 Reserves, Cost Recovery, Profit Share, the Scheme of Demerger, 'Cost Petroleum', 'Profit Petroleum'

GPE: domain.3, Dadri, Dadri, India, US, Undertaking, J.K., Bombay, Dadri, MMSCMD, Volume having:(i, MMSCMD, MMSCMD, steps:(i, Clause

PRODUCT: Exhibit 'F', Exhibit F, Exhibit 'F', F, Agreement, G.K.Parmashiv, F, P1

FAC: the Remaining Undertaking, GSPA

QUANTITY: 2.63 TCF

MONEY: more than $ 40 million, 2.34

LOC: Single, Single