Yes Bank Takes Over Bankrupt Anil Ambani’s Reliance Center In A Bid To Recoup ₹2,892 Crores Default
The Mumbai headquarters of Anil Ambani’s Reliance Group, which is known as the Reliance Center would soon be taken over…
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“My Expenses Are Minimal And Being Borne By Wife and Family” Says Former Billionaire Anil Ambani Before An UK Court Investigating His Assets Over Industrial and Commercial Bank of China Default
Anil Ambani, the son of reputed businessman Dhirubhai Ambani and the brother of Asia and India’s richest man, Mukesh Ambani…
NCLT appoints Resolution Professional to examine SBI petition against Anil Ambani
Synopsis: NCLT allowed the initiation of bankruptcy proceedings against Anil Ambani in lieu of Rs 1,200 crore owing to the…
NCLT Appoints IRP On Insistence of Lenders To Prosecute Anil Ambani, ₹ 1200 Crores in Personal Guarantee To Be Recovered
The State Bank of India had filed a case against the chairman of Reliance Communications Anil Ambani. The case was…
Delhi High Court Orders Stay on Two Of Anil Ambani’s Companies, Public Lenders Classify The Two As Fraud Accounts
In a recent development, the Delhi high court provided an interim stay to two of Anil Ambani‘s companies. The companies…
Anil Ambani’s HQ Seized by YES Bank to Recover Dues
The first batch of Rafael jets landed in India on Wednesday, five years after the Indian government signed a contract…
Anil Ambani seeks to increase stake in Reliance Infra and Reliance Power
On June 23, Chairman of Reliance Infrastructure and Reliance Power, Anil Ambani announced in a Virtual AGM that the promoters…
SBI seeks help of NCLT to recover Rs 1,200 crore from Anil Ambani
Under the personal guarantee clause of the bankruptcy code, an application has been filed by SBI (State Bank of India)…
Anil Ambani’s Reliance Infrastructure wins adjudication award of ₹1250 against DVC
The Reliance Infrastructure (RI) of Anil Ambani won an adjudication award of ₹1,250 crore against Damodar Valley Corporation (DVC), the…
Anil Ambani’s Reliance Power enters into Inter-Creditor Agreement with lenders
Mumbai, July 12 (IANS) Reliance Group subsidiary Reliance Power on Friday said that it has entered into an Inter-Creditor Agreement (ICA)…