Bombay High Court rules RBI fraud violations aren't open to judicial review, lifting stay on Anil Ambani's account ...

The RBI's Master Directions aim to identify frauds and unscrupulous borrowers for timely action, and every violation of the ...

In a setback to industrialist Anil Ambani, the Bombay High Court on Monday quashed a single bench interim order that stayed ...

Allowing appeals filed by Indian Overseas Bank, IDBI Bank and Bank of Baroda and auditor BDO India LLP, the bench termed the earlier order “perverse and illegal” and said it suffered from “procedural ...

The Bombay High Court delivered a ruling on the petitions filed by Bank of Baroda (BoB), IDBI Bank, Indian Overseas Bank (IOB), and the auditor BDO India LLP against Anil Ambani.

Anil Ambani told the Supreme Court he is not a flight risk, will cooperate with ED and CBI, and had only a non-executive role ...

The court had granted him temporary relief in December 2025 when it stayed all coercive actions by banks to classify his personal and business accounts as "fraudulent".  The court did so citing ...

In an affidavit filed before the top court, the industrialist stated that he was not a flight risk and has no intention to evade the process of law ...

A division bench of chief justice Shree Chandrashekhar and justice Gautam Ankhad on Monday stated that the single-bench order “suffers from procedural irregularity and illegality” ...

The single bench order stayed all present and future action by the banks, noting that the action was based on a legally ...

The Bombay High Court overturned an interim order that previously protected Anil Ambani and Reliance Communications Ltd from having their bank accounts classified as fraud by three public sector banks ...

The judges said that since they had already found the previous order to be illegal, allowing it to continue even for a few more weeks would mean extending an unlawful decision.