SBI alleges Reliance Communication ‘promoters manipulated books’; Anil Ambani firm hits back
The State Bank of India has declared the loan amount to Reliance Communications as fraudulent and decided to report the company and Anil Ambani, its director at that time, to the Reserve Bank of India. In its defence, the Anil Ambani Group company says that it is protected from any offence committed prior to the commencement of the Insolvency Resolution Process.
