Govt in no mood to relent on personal guarantee, wiggle room for Anil Ambani is shrinking fast

 Synopsis

This is only the latest in the beleaguered one-time tycoon's well-documented series of brushes with personal guarantee invocation. He is already being sued in a UK court by the Industrial & Commercial Bank of China over a personal guarantee he reportedly gave for a $925-million loan for Reliance Communications in 2012.

Read more at:
https://economictimes.indiatimes.com/news/company/corporate-trends/govt-in-no-mood-to-relent-on-personal-guarantee-wiggle-room-for-anil-ambani-is-shrinking-fast/articleshow/79525396.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

used here for educational purposes only