- Tag results for Anil Ambani
The promoter entities of Anil Ambani Group (ADAG) are understood to have reached an understanding with more than 90 per cent of its lenders.
Court masters are officials in charge of taking down orders that are dictated in open court or in judges’ chambers.
RCom told the court they had tried to move heaven and earth to ensure Ericsson gets its due but was unable to do so due to failure of assets sale deal with Jio.
Senior advocate Mukul Rohatgi, appearing for RCom, said that the firm hasn't violated any order of the apex court.
Earlier, Ericsson India's advocate had claimed that RCom has violated apex court's two earlier orders by not paying any outstanding dues.
Reliance Defence rejects Rahul Gandhi's charges, says 'proposed MoU' cited by Congress chief not on Rafale
Rahul on Tuesday accused Prime Minister Narendra Modi of 'treason' and violating the Official Secrets Act by acting as Anil Ambani's 'middleman' in the Rafale jet contract.
Ericsson India's advocate has claimed that RCom has violated apex court's two earlier orders by not paying any outstanding dues.
Ambani's knowledge of a defence deal under preparation, which even the then defence minister had said he was not aware of, is in violation of the Official Secrets Act, Gandhi alleged at a presser.
Earlier, Reliance Power has written to the market regulator to investigate the matter and take necessary action against the NBFCs claiming stake in the group.
Gandhi's scathing attack came after a report in The Hindu claimed the Rafale deal between India and France involved "major and unprecedented" concessions from the Indian government.
PM Modi stole from Andhra people and gave it to Anil Ambani: Rahul Gandhi at Chandrababu Naidu's dharna
The Congress chief attended the dharna of Andhra CM and TDP supremo Chandrababu Naidu who is demanding fulfilment of promises made during the state's bifurcation in 2014.
While the legal course will be independent to protect stakeholders, the company made the announcement a day after it said a few NBFCs have pledged of the company's listed shares.
L&T Finance clarified that the sale of shares was as per the contract and repeated notices despite which the defaults continued.
Creditors sold Rs 5.5 billion worth shares in Reliance Power Ltd., Reliance Infrastructure Ltd., Reliance Communications Ltd. and Reliance Capital Ltd.
Anil Ambani's RCom is planning to sell the RCom towers, spectrum and fibre assets to Mukesh Ambani’s Reliance Jio Infocomm Ltd.