The Delhi High Court on Monday refused to stay the show-cause proceedings initiated by Union Bank of India against Jai Anmol Ambani, but expressed its serious doubts about the rationale behind the bank's move in the backdrop of the completed insolvency process of Reliance Home Finance Ltd
The Enforcement Directorate (ED) on Friday questioned Anil Ambani's son, Jai Anmol Ambani, in connection with the Yes Bank money laundering case. He has been asked to rejoin the investigation on December 20, the Enforcement Directorate officials said.
The Securities and Exchange Board of India (SEBI), on Monday, imposed a penalty of 1 crore on Jai Anmol Ambani, son of industrialist Anil Ambani for failing to exercise due diligence while approving general-purpose corporate loans (GPCLs) in the Reliance Home Finance case.
Reliance Group Chairman Anil Ambani and his wife Tina Ambani arrived in Jamnagar to be part of the grand and star-studded pre-wedding celebrations of Anant Ambani and Radhika Merchant.