Lawfare – Defamation, Journalists
…Anil Ambani had approached the court claiming that recent reports of some media outlets accusing his companies of diverting over ₹41,000 crore have caused serious damage to his reputation and undermined investor confidence. He contends that the allegations were published without verification and are “false, misleading, and defamatory.”
Allegations Stem from Investigation
The reports in question originated from an investigation published on October 30, which alleged that funds worth ₹41,921 crore were moved among various Reliance Group entities since 2006 in violation of financial norms. The claims were later carried by several prominent media outlets, increasing their public impact and reach.
Ambani has sought to restrain further publication or circulation of the allegations until the suit is decided. The suit names multiple parties, including Cobrapost, Bennett Coleman & Company Ltd. (Publishers of The Economic Times and The Times of India), Live Media & Publishers Pvt. Ltd. and John Doe defendants likely to further disseminate any allegedly defamatory content.