On Wednesday, Axis Bank presented its opposition before the Delhi High Court regarding BJP leader Subramanian Swamy’s public interest litigation (PIL), which seeks an investigation into an alleged fraud committed by the bank in order to gain “undue profits” through the sale and purchase of shares in Max Life Insurance. The Delhi High Court Today […]
Dr. Subramanian Swamy has approached the Delhi High Court, alleging Rs 5,100 crore financial irregularity in the Axis Bank-Max Life deal. The case highlights breach of IRDAI directives and disparity in enforcement actions. The petition raises concerns about financial regulations and investor interests in India. The hearing has been postponed to March 13.