Legal Aspects of Business Project on RIL RNRL Dispute By:- ? Kavita Yadav Introduction |Anils stead |Mukesh Sides Interpretation | |PRICE: |PRICE: | |RIL act to supply gas at $2.34 mmbtu in the MOU signed | neer committed a price since it is subject to government | | betwixt the brothers. RIL has bid to supply gas to NTPC at the |approval. Government rejected the price of $2.34 in January 2006.| |same price. Why should RNRL accept the price? |this price doesnt compensate for cost escalations. | |GOVERNMENT discharge: |RILS LOSS: | |For the purpose of calculating its profit share, govt. canister |If govt. values gas at $4.2 for its profit share and RIL has to | | live to value all sale at $4.2 /mmbtu letting RIL manage at |sell at $2.
34, it could suffer a dismissal of $5 billion. | |any price it wants, or is obligated to. |MoUS VALIDITY: | |RILs LOSS: |The MoU wasnt shared with the RIL posting or its shareholders. | |RIL costs are enough for it to make moolah even at $2.34/mmbtu. |They cannot be subjected to the consequences of the MoU. | |GAS, A NATIONAL addition: |GAS OWNERSHIP: | |RNRL-RIL agreement does not deal with willpower of gas or gas |Despite the MoU, RNRL cant lay claim to future discoveries. Gas |... If you want to tick a full essay, order it on our website:
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