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17 Feb 2008

RNRL Approaches Court Against RIL

1. RNRL had moved to the court for clarity on orders on February 11.

2. The next hearing on the RIL-RNRL is expected to begin on February 25.

3. The interim order restricts RIL to enter into third party commitments.


4. However please note that whatever be the outcome of RNRL the stock is trading at a high valuations without any fundamnetals and is only shining by virtue of relaince tag.

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