Section

Reliance Infrastructure withdraws SC appeal in asset restraint case

By Economic Times - 2 months ago
Reliance Infrastructure has withdrawn its appeal from the Supreme Court against a Delhi High Court order that restrained it from "selling, alienating, transferring or encumbering its assets." This case involves an arbitration award worth $135.32 million, which was won by Shanghai Electric Group Co Ltd against Anil Ambani's firm.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.