Friday, March 20, 2020

UK court refuses Anil Ambani's plea to appeal

Business tycoon Anil Ambani has had his application to appeal a $100 million (Rs 753 crore) conditional order refused by the UK Court of Appeal. Ambani, the brother of one of Asia’s richest men, had been ordered at a February 7 hearing to pay the court $100 million by 4 pm local time (9.30 pm IST) on March 20 (Friday) in order to avoid having his defence struck out.

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