Anil Ambani’s Letter: Seeking a Sandesara-Style Settlement
Anil Ambani, head of Reliance Group, has sent a proposal to the Finance Ministry seeking a structured resolution for significant bank debts. In a letter dated March 17, Ambani asked Minister Nirmala Sitharaman for a settlement plan similar to the one given to the Sandesara family. This plan, approved by the Supreme Court in November 2025, allowed the Sandesara family to close all legal cases, release attached assets, and lift international notices after settling ₹5,100 crore. Ambani argued that if such a resolution was possible for fugitives who had fled the country, it should be available to him. He stressed he has followed court orders and cannot leave India, stating his…