Reliance Industries chairman Mukesh Ambani's plan to build a helipad atop his residence in south Mumbai has met with opposition from the MCGM which has asked him to stop the construction work, a senior official said. The Municipal Corporation of Greater Mumbai (MCGM) has also asked him pay Rs 2.43 lakh for proceeding with the construction wihtout having obtained requisite permissions.
A friend of the Ambani family has described the dispute between the two brothers -- Mukesh and Anil -- as a 'Shakespearean tragedy', which had its roots in tensions between Anil's wife Tina and Mukesh's wife Nita. He said after their father's death, Mukesh and Anil had fallen out over whose wife was next in line to the Reliance empire.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
