The order pertains to an alleged personal liability of Anil Ambani and will have no bearing on the operations of RIL, Reliance Power Ltd and Reliance Capital Ltd.
Ambani had until 4:00 p.m. Friday in London to make the payment into court or run the risk of automatically losing the lawsuit over $700 million in defaulted loans.
The Enforcement Directorate official said that Anil Ambani's group companies have taken loans of about Rs 12,800 crore from the crisis-ridden bank that turned NPA.
Here are some of the country’s biggest and most-storied businessmen who saw their fortunes fade in 2019 as Indian banks attempted to repair their balance sheets.
The $680 million is the amount Industrial & Commercial Bank of China is seeking to recover from Anil Ambani by invoking a ‘personal guarantee’ he gave in 2012.
Dice have been found dating to the Bronze Age in various Harappan sites in present-day northwest India and throughout Pakistan. And it’s very possible that some had female owners.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
All banks should reveal all such loan guarantees given by Industrialists in the interest of the country. Thanks to Chinese banks for exposing the loan scam by Indian Industrialist. Hope RBI issue the details to save the Indian Economy. TRUTHS ARE THE SIMPLEST.
Hello sir
Ap Ramganj me projects kornekeliya jamin chaiya to hamlok jamin ka Pura Documents Diyatha uska koi jobab nei Mila
All banks should reveal all such loan guarantees given by Industrialists in the interest of the country. Thanks to Chinese banks for exposing the loan scam by Indian Industrialist. Hope RBI issue the details to save the Indian Economy. TRUTHS ARE THE SIMPLEST.