Thursday, February 6, 2020

UK High Court to set terms in Chinese banks' claim against Anil Ambani

The Industrial and Commercial Bank of China Ltd Mumbai Branch, on behalf of itself, China Development Bank and Exim Bank of China, had sought summary judgment against Ambani over an alleged breach of a personal guarantee on a debt refinancing loan of around USD 925 million in February 2012.

from Moneycontrol https://ift.tt/2H0Rv3F

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