Anil Ambani
Indian businessman
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January 2023 | The Bombay High Court questioned the Income Tax Department's accusation of tax evasion after Ambani challenged the notice. |
February 20 2022 | Anil Ambani's elder son Jai Anmol married Krisha Shah, daughter of the late Nikunj Shah, in a family wedding ceremony. |
October 2021 | Named in the Pandora Papers along with his brother Mukesh Ambani. |
February 2020 | Engaged in a legal battle with 3 Chinese banks, publicly stating his net worth was zero after considering liabilities. |
February 2020 | Declared bankruptcy before a UK court, marking a significant downturn in his business career after previously being the sixth richest person in the world. |
April 2019 | Three ADAG Companies reached a standstill agreement with Franklin Templeton after a secured NCD default, which led to significant regulatory changes and impact on 300,000 investors. |
January 2019 | A Mumbai court held Ambani in criminal contempt for non-payment of personally guaranteed debt by Reliance Communications to Ericsson, with a one-month deadline to arrange funds. |
2018 | Anil Ambani's defence manufacturing company was accused by the Indian National Congress of receiving preferential treatment from Prime Minister Narendra Modi in a significant fighter aircraft deal, reportedly at the expense of a public sector enterprise (HAL). |
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