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Anil Ambani Debt

Deadline 14 days, but time to decide on admitting insolvency cases goes on

Resolution professional in Anil Ambani insolvency case says that it had been more than a year since a suit for recovery was filed against the businessman

Deadline 14 days, but time to decide on admitting insolvency cases goes on
Updated On : 30 Jun 2022 | 9:32 PM IST

SBI knocks on NCLT's doors to recover Rs 1,200 cr from Anil Ambani

The tribunal, presided over by BSV Prakash Kumar, on Thursday gave Ambani a week to file reply to the application.

SBI knocks on NCLT's doors to recover Rs 1,200 cr from Anil Ambani
Updated On : 12 Jun 2020 | 10:59 PM IST

Anil Ambani to pay $100 mn in conditional order for Chinese banks: UK court

Judge David Waksman did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove"

Anil Ambani to pay $100 mn in conditional order for Chinese banks: UK court
Updated On : 07 Feb 2020 | 11:11 PM IST

Three Chinese banks sue Anil Ambani for failing to repay $680-mn loan

The Mumbai branch of Industrial & Commercial Bank of China, China Development Bank and the Export-Import Bank of China agreed to loan $925.2 million to Anil Ambani's Reliance Communications in 2012

Three Chinese banks sue Anil Ambani for failing to repay $680-mn loan
Updated On : 08 Nov 2019 | 10:44 PM IST

Anil Ambani group plans $3.2-bn asset sales to pare big debt

Ambani is waging a war on debt. He said on June 11 that his Reliance Group repaid Rs 350 billion in the past 14 months through asset disposals.

Anil Ambani group plans $3.2-bn asset sales to pare big debt
Updated On : 11 Jul 2019 | 4:04 PM IST

NCLAT reserves order on admission of contempt plea against Anil Ambani

HSBC Daisy had moved the appellate tribunal over alleged default of payment of Rs 230 crore by Reliance Infratel

NCLAT reserves order on admission of contempt plea against Anil Ambani
Updated On : 04 Jul 2019 | 12:29 AM IST

Anil Ambani's asset sale expands

Aims to raise over $4.5 bn to help reduce group debt, at least 3 times that

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Updated On : 29 Jun 2017 | 3:34 AM IST