Business
Industrialist Anil Ambani has told the Supreme Court that he is not a fugitive and has asked for a lenders’ committee to be formed to determine his actual dues, as legal scrutiny around Reliance Communications and related financial disputes continues. The request is part of his effort to challenge the scale and characterisation of the […]
Business
The Supreme Court has issued notices to industrialist Anil Ambani and companies linked to the Anil Dhirubhai Ambani Group in a public interest litigation alleging large-scale banking and corporate fraud. The court granted a final opportunity to the concerned parties to appear and submit their responses. Directions to Agencies The court directed investigating agencies,
Business
The Supreme Court of India issued notices to the Union government, the Central Bureau of Investigation (CBI), the Enforcement Directorate (ED) and businessman Anil Ambani in response to a public interest litigation (PIL) that seeks a court-monitored investigation into alleged banking fraud involving Reliance Communications (RCOM) and its group companies. The bench, led by