{"id":31584,"date":"2014-01-07T12:10:34","date_gmt":"2014-01-07T06:40:34","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=31584"},"modified":"2014-01-07T12:10:34","modified_gmt":"2014-01-07T06:40:34","slug":"sc-hear-natural-gas-pricing-matter-march-4","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/sc-hear-natural-gas-pricing-matter-march-4","title":{"rendered":"SC to hear natural gas pricing matter March 4"},"content":{"rendered":"<p><a href=\"https:\/\/www.legalindia.in\/news\/cbi-probe-recommended-against-yeddyurappa-kin\/supreme-court-211\" rel=\"attachment wp-att-19702\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"19702\" data-permalink=\"https:\/\/www.legalindia.com\/news\/cbi-probe-recommended-against-yeddyurappa-kin\/supreme-court-211\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/04\/supreme-court3.png?fit=135%2C144&amp;ssl=1\" data-orig-size=\"135,144\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"supreme court\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/04\/supreme-court3.png?fit=135%2C144&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2012\/04\/supreme-court3.png?fit=135%2C144&amp;ssl=1\" class=\"size-full wp-image-19702 alignright\" alt=\"supreme court\" src=\"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2012\/04\/supreme-court3.png?resize=135%2C144&#038;ssl=1\" width=\"135\" height=\"144\" \/><\/a>The Supreme Court will hold March 4 hearing in the plea by Communist lawmaker Gurudas Dasgupta and NGO Common Cause seeking review of the government decision to hike the natural gas price from $4.2 to $8.4 million British thermal unit (mmBtu) from April 2014 .<\/p>\n<p>Common Cause has sought a court monitored probe by a special investigation team or the Central Bureau of Investigation into increasing gas prices, giving retrospective tax benefits and not insisting on the relinquishment of gas blocks ion KG basin by the Reliance Industries.<\/p>\n<p>Dasgupta has also sought as a halt to the arbitration proceedings to decide the issue.<\/p>\n<p>While saying that the matter would be taken up for hearing on March 4, a bench of Chief Justice P.Sathasivam and Justice Ranjan Gogoi asked the contending parties to complete the filing of rejoinders within two weeks.<\/p>\n<p>At the outset of the hearing, Common Cause&#8217;s counsel Prashant Bhushan told the court that &#8220;this is an extremely urgent matter. If the decision to raise prices is implemented then it would cause a huge outflow of lakhs of crores of rupees&#8221;.<\/p>\n<p>Senior counsel Colin Gonsalves, appearing for Dasgupta, too pressed for an early hearing.<\/p>\n<p>Dasgupta has contended that government and Petroleum Minister Veerappa Moily were working out a &#8220;strategy to use arbitration proceedings as a subterfuge and a pretence to take the contentious and public interest issues away from the scrutiny&#8221; of the apex court.<\/p>\n<p>Common Cause has sought the quashing of the decision to increase the gas prices effective from April 2014 and the cancellation of the Production Sharing Contract.<\/p>\n<p>Common Cause and other eminent people has also sought probe &#8220;into the high level collusion between RIL and the political establishment and the corruption involved, including on the aspects of not taking any action against RILfor hoarding the gas,&#8230;&#8221;<\/p>\n<p>(Source: IANS)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court will hold March 4 hearing in the plea by Communist lawmaker Gurudas Dasgupta and NGO Common Cause seeking review of the government decision to hike the natural gas price from $4.2 to $8.4 million British thermal unit (mmBtu) from April 2014 . Common Cause has sought a court monitored probe by a [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[27449,5338,2184,47765,13710,47774,47775,23371],"class_list":["post-31584","post","type-post","status-publish","format-standard","hentry","category-top-law-news","tag-communist-lawmaker-gurudas-dasgupta","tag-counsel-prashant-bhushan","tag-justice-ranjan-gogoi","tag-news","tag-senior-counsel-colin-gonsalves","tag-todays-news","tag-todays-top-news","tag-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SC to hear natural gas pricing matter March 4<\/title>\n<meta name=\"description\" content=\"SC to hear natural gas pricing matter March 4\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/sc-hear-natural-gas-pricing-matter-march-4\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SC to hear natural gas pricing matter March 4\" \/>\n<meta property=\"og:description\" content=\"SC to hear natural gas pricing matter March 4\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/sc-hear-natural-gas-pricing-matter-march-4\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; 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The apex court bench headed by Chief Justice P. Sathasivam\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32485,"url":"https:\/\/www.legalindia.com\/news\/sc-moved-stay-decision-doubling-gas-prices","url_meta":{"origin":31584,"position":1},"title":"SC moved to stay decision doubling gas prices","author":"Legal India Admin","date":"March 8, 2014","format":false,"excerpt":"NGO Common Cause Friday moved the Supreme Court seeking a stay on the government decision doubling the price of gas produced from Reliance Industries Limited-operated KG D-6 field that would become effective April 1. It said the decision, doubling the gas price from $4.2 to $8.4 per MMBTU, was \"arbitrary,\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"index","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/03\/index-150x90.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":35262,"url":"https:\/\/www.legalindia.com\/news\/spell-gas-pricing-policy-sc-tells-government","url_meta":{"origin":31584,"position":2},"title":"Spell out gas pricing policy : SC tells government","author":"Legal India Admin","date":"September 19, 2014","format":false,"excerpt":"The Supreme Court Thursday asked the government to spell out its policy on the pricing of gas as it was told that a committee on gas pricing policy has been set up and will take a call by Sep 30. A bench of Justice T.S.Thakur, Justice J. Chelameswar and Justice\u2026","rel":"","context":"In &quot;Consumer Law News&quot;","block_context":{"text":"Consumer Law News","link":"https:\/\/www.legalindia.com\/news\/category\/consumer-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2014\/05\/oil-company.jpg?fit=310%2C233&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":29346,"url":"https:\/\/www.legalindia.com\/news\/court-notice-to-centre-reliance-on-gas-price","url_meta":{"origin":31584,"position":3},"title":"Court notice to centre; Reliance on gas price","author":"Legal India Admin","date":"July 30, 2013","format":false,"excerpt":"The Supreme Court on Monday issued notice to the Centre, Petroleum Minister M. Veerappa Moily and Reliance Industries Limited (RIL) on a public interest litigation petition challenging the government\u2019s decision to double the price to $8.4 per million British thermal unit (mmBtu) for gas produced from the KG basin. A\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32150,"url":"https:\/\/www.legalindia.com\/news\/kejriwal-now-targets-mukesh-ambani-moily","url_meta":{"origin":31584,"position":4},"title":"Kejriwal now targets Mukesh Ambani, Moily","author":"Legal India Admin","date":"February 12, 2014","format":false,"excerpt":"Delhi chief minister Arvind Kejriwal on Tuesday directed the anti-corruption branch (ACB) of his government to register an FIR against Reliance Industries Ltd (RIL) chairman Mukesh Ambani, petroleum minister Veerappa Moily, former petroleum minister Murli Deora and former director general of hydrocarbons VK Sibal for increasing the price of natural\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"kejriwal","src":"https:\/\/i0.wp.com\/www.legalindia.in\/news\/wp-content\/uploads\/2014\/02\/kejriwal-150x90.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":35425,"url":"https:\/\/www.legalindia.com\/news\/fair-efficient-probe-can-curb-corruption-delhi-court","url_meta":{"origin":31584,"position":5},"title":"Fair and efficient probe can curb corruption: Delhi court","author":"Legal India Admin","date":"October 6, 2014","format":false,"excerpt":"Only a \"fair and efficient probe through field investigation\" can curb corruption, a court here has said while acquitting two accused in a graft case for want of evidence. \"However, the single most important factor directly affecting the efficacy of the Prevention of Corruption Act in fulfilling the objective of\u2026","rel":"","context":"In &quot;Bar, Bench &amp; Firm News&quot;","block_context":{"text":"Bar, Bench &amp; Firm News","link":"https:\/\/www.legalindia.com\/news\/category\/bar-bench-firm-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-8dq","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/31584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=31584"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/31584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=31584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=31584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=31584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}