SBI VS ANIL AMBANI: FORMER MOVES NCLT TO RECOVER AMBANI'S PERSONAL GUARANTEE

Highlights

• SBI wants to claim Anil Ambani's personal assets before the international creditors get hold of them

• Previously a UK court had directed Anil Ambani to pay $717 million to three Chinese lenders

• As per the spokesperson of Anil Ambani, NCLT has not given any relief to the petitioner and Mr Ambani will soon file suitable replies

In order to recover loans disbursed to Relia....