Case stems from SBI's attempt to recover ₹1,200 crore
Jun 11, 2026
03:06 pm
What's the storyThe National Company Law Tribunal (NCLT) in Mumbai has accepted a plea from the State Bank of India (SBI) to initiate personal insolvency proceedings against industrialist Anil Ambani.
The order allows for the initiation of personal insolvency proceedings and the appointment of a Resolution Professional.











