The Delhi High Court questioned why Union Bank issued a fraud-related show cause notice to Jai Anmol Ambani after Reliance Home Finance’s resolution plan was already approved by lenders and the Supreme Court. While refusing to stay the proceedings, the Court directed the Bank to hear Ambani and pass a reasoned order, subject to the High Court’s final decision.
The Supreme Court of India intervened to aid homebuyers affected by Unitech Ltd.’s financial troubles and project delays. The court granted an exemption from RERA registration for Unitech’s housing projects, facilitating stalled loan disbursements and appointing government oversight to address ongoing issues, ensuring faster project completion and accountability for past mismanagement.
![[BharatPe 81 Crore Fraud Case] Delhi High Court Quashes Lookout Circular Against Ashneer Grover, Wife Madhuri](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/10/image-29.png?resize=447%2C367&ssl=1)
The Delhi High Court today (12th Nov) has quashed a lookout circular against Ashneer Grover and his wife Madhuri, following the nullification of an FIR related to alleged fraud and forgery valued at Rs 81.3 crore. The couple had faced legal challenges after internal investigations by BharatPe led to accusations of financial misconduct.
Today(on 2nd August), The Calcutta High Court has mandated the preservation of all documents and CCTV footage related to the elections in West Bengal’s Ghatal Lok Sabha constituency. This directive will be in place until the resolution of the election petition by BJP candidate Hiranmay Chattopadhyaya.
