Dubai court rejects billionaire's claim of signature-forging contest

semafor.com/article/10/15/2025/court-rejects-indian-billionaires-claim-of-signature-forging-contest

The legal drama surrounding the collapse of Indian billionaire B.R. Shetty’s health care empire, NMC, took another turn.
A Dubai court ordered the 83-year-old to pay $46 million to State Bank of India, ruling that he lied under oath about personally guaranteeing a $50 million loan. In the…

This story appeared on semafor.com, 2025-10-15 13:00:31.
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