Home Business Anil Ambani Need To Pay $ 700 Million Orders Court

Anil Ambani Need To Pay $ 700 Million Orders Court

In February 2012, Reliance Com borrowed nearly Rs. 5446 crore from the Chinese Banks. Anil Ambani, chairman of Reliance Group, is the guarantor of this loan. Chinese banks are now seeking a London court to pay their debts as Reliance Comm is in bankruptcy. Anil Ambani Court Case which is pending in London Court gave judgment to pay 700 Million Dollars.

On May 22, the court heard the petition through video conferencing due to a London court lockdown, giving Anil Ambani only three weeks to pay off the loan. However, the court has ruled that legal action could be taken on either side.

REVIEW OVERVIEW

Don't Miss

Supreme Court Order On Employees Salary During Lockdown

The Supreme Court upheld the central government-issued directive that private owners pay a full salary to their employees as...

Centre Decides No New Govt Schemes Till March 2021

Keeping in mind the fiscal pressure arising due to Coronavirus Crisis, the government has decided not to launch any new government schemes and banned...

10 Year Ban on Tablighi Jamaat Members

The center has banned 2550 foreign Tablighi members from attending the Markaz religious program in Nizamuddin, Delhi, for 10 years. The Center has informed...

Chinese Airlines Not Allowed To Enter US

Due to Corona, increased tension between China and the US is gradually increasing in both countries. The US Donald Trump administration has decided that...

Another Installment Of Money Deposited Into Jan Dhan Accounts

The central government has provided sweet news to the poor. Prime Minister Garib Kalyan Yojana has announced the finances for women financially strained due...

Recent Posts

Supreme Court Order On Employees Salary During Lockdown

The Supreme Court upheld the central government-issued directive that private owners pay a full salary to their employees as...

Centre Decides No New Govt Schemes Till March 2021

Keeping in mind the fiscal pressure arising due to Coronavirus Crisis, the government has decided not to launch any...

Corona Positive For Dawood Ibrahim And His Wife

Corona positive confirmed for Underworld don Dawood Ibrahim and his wife. Pakistani media reported that the information was from...

‘Mitron’ App Is Back In Google Playstore

The 'Mitron' app brought by an Indian company is gaining in popularity against the Chinese 'Tik Tok' app. It...