Mumbai, June 08: Industrialist Anil Ambani today withdrew a Rs 10,000 crore defamation suit against elder brother Mukesh Ambani in the Bombay High Court, signalling a further thaw in their relationship.
“Yes, we have withdrawn the suit claiming Rs 10,000 crore as damages”, a Anil Dhirubhai Ambani Group spokesman told PTI.
Anil had dragged his brother to court, alleging that Mukesh had defamed him in an interview to New York Times that was reproduced in two leading Indian newspapers (in June 2008). The two newspaper had also been made respondents in the suit.
The withdrawal of the suit comes weeks after the brothers decided to scrap a non-compete agreement between their group companies and pledged to expeditiously renegotiate a gas supply agreement on the lines of the Supreme Court verdict of May 7.
–PTI