Anil Ambani has approached the Supreme Court challenging the Bombay High Court’s order that upheld SBI’s decision to label RCom and its promoter as “fraud.” The appeal questions SBI’s process and Ambani’s liability as a “person in control” of the company.
The Supreme Court has sought a response from the Serious Fraud Investigation Office (SFIO) on Vijayraj Surana’s plea seeking relaxation of his bail conditions in a ₹10,000 crore financial fraud case. The top court had earlier granted him bail, noting that prolonged detention before trial amounts to “punishment without conviction.”
The Delhi High Court has issued a contempt notice to BluSmart, Gensol, and others for allegedly violating a court order regarding 10 Tata Tigor EVs. Shefasteq claims the companies obstructed efforts to locate the vehicles and failed to provide required information. Legal proceedings involving Gensol have escalated amid serious allegations from SEBI.