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The Economic Times
The Economic Times

Reliance Industries says Rs 10 lakh Supreme Court order in NTPC gas case was ‘costs’, not fine

NTPC Reliance Industries the Supreme Court RIL SC

Reliance Industries on Tuesday clarified to stock exchanges that the Supreme Court did not impose a fine or penalty of Rs 10 lakh on the company in a dispute involving gas supplies to NTPC.

The company said the Rs 10 lakh amount ordered by the Supreme Court was “costs” payable by Reliance Industries Ltd (RIL) to the Supreme Court Advocates-on-Record Association, and not a fine or penalty levied on the company.

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