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The Ambani war timeline rediff Business Desk | June 18, 2005 16:21 IST Check out how the Ambani ownership issue erupted and progressed through the seven-month period before finally culminating in a settlement and a separation between the brothers, Mukesh and Anil. Nov 18: Mukesh Ambani admits to 'ownership issues' in the Reliance group and differences with Anil. Nov 19: News surfaces that Dhirubhai did not leave a will. Nov 22: Mukesh clarifies, says Dhirubhai had settled ownership issues during his lifetime. The Reliance ownership issue: Complete Coverage Nov 23: Mukesh writes letter to to 80,000 employees saying the CMD is the final authority. Nov 25: Six directors quit Reliance Energy. Nov 25: Emails show Anil unhappy over clause re-defining Mukesh's powers in July 27 RIL board meet. Dec 5: Talk of settlement in the air. Dec 6: Anil spurns Mukesh's settlement offer. Dec 8: Anil camp questions ownership claims of Mukesh. Dec 10: Row over news that Mukesh got 12% stake in Infocomm as sweat equity. Dec 15: Anil seeks RIL board meet to discuss developments. Dec 23: Mukesh Ambani gives up sweat equity deal. Dec 27: RIL says Anil is against the buyback for personal reasons. RIL board backs Mukesh. Jan 3: Anil quits IPCL board. Blames director Anand Jain for conspiracy to divide the two brothers. Jan 5: Mukesh accuses Anil of running a malicious campaign against him. Jan 7: Finance Minister, P Chidambaram advises Ambani brothers to settle the dispute. Mar 9: Kamath completes RIL valuation. Kokilaben holds talks with sons April 8: Anil complains to the government that his phones are being tapped. April 27: Anil Ambani says its RIL XI versus me; abstains from signing RIL accounts claiming that relevant details and information are missing. April 28: Anil says RIL shares are undervalued and accuses RIL board of rejecting his requests for clarifications at the board meeting. RIL board denies allegation. June 15: Sources say settlement likely on July 6 on which Dhirubhai's death anniversary falls. June 16: Reliance settlement is most likely to be structured around a demerger. Reliance Industries' stake in Reliance Energy, Reliance Capital and Reliance Infocomm will get de-merged into a separate company. June 18: Ambanis settle ownership issue under the guidance of their mother Kokilaben Ambani and on the basis of the settlement plan drafted by ICICI Bank CEO K V Kamath. 7333: The Latest News on Your Mobile!
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