The Supreme Court has ruled in favour of Mukesh Ambani-promoted Reliance Industries Limited (RIL) in its battle against Anil Ambani-controlled Reliance Natural Resources Limited (RNRL).

The bench decided two-to-one that the private memorandum of understanding (MOU) between the brothers was not binding on the companies, the shareholders or the Government, according to preliminary media reports, and that RIL and RNRL will have to renegotiate the prices of the gas supply agreement that has been subject of the dispute.

Supreme Court judge Sarosh Homi Kapadia will take over as Chief Justice of India (CJI) from outgoing CJI K G Balakrishnan on 12 May 2010, while the Supreme Court will have its first female judge in almost four years, the government of India announced today.

Practising lawyers have largely expressed support for AZB & Partners and Justice R.V. Raveendran’s shock recusal in the Ambani brothers’ dispute, although several have questioned the timing and causes of the decision.

Karnataka Chief Justice P D Dinakaran elevation to the Supreme Court has been called into question following protests by eminent lawyers over his unaccountable ownership of 400 acres of land in rural Tamil Nadu. The Chief Justice of India has sought an explanation from Justice Dinakaran acting on a ...