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Justice has finally been delivered and the victory belongs to consumers and shareholders. The Supreme Court on Friday delivered its verdict in the gas supply dispute between Mukesh Ambani owned Reliance Industries versus the Anil Ambani owned Reliance Natural Resources Limited (RNRL). The key questions that the apex court was to decide on were:
Is a family Memorandum of Understanding (MoU) signed by promoters, binding on their companies?
Can Reliance Industries supply gas to RNRL on terms that don’t meet the government’s approval?
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