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    Tag: RBI master directions

    BREAKING | Hard Earned Money Has Been Siphoned: Supreme Court Rejects Anil Ambani’s Plea In Bank Fraud Classification Case
    BREAKING | Hard Earned Money Has Been Siphoned: Supreme Court Rejects Anil Ambani’s Plea In Bank Fraud Classification Case
    Supreme CourtHeadlines

    BREAKING | Hard Earned Money Has Been Siphoned: Supreme Court Rejects Anil Ambani’s Plea In Bank Fraud Classification Case

    Today, On 16th April, The Supreme Court dismissed Anil Ambani’s plea against the fraud classification of his loan accounts under RBI’s 2024 Master Directions. The CJI remarked, “Hard earned money has been siphoned. Did you make good losses of banks and financial institutions?”

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    Anil Ambani Moves Bombay High Court Against Arnab Goswami, Republic TV Over Defamation; Seeks Immediate Ban on Broadcasts
    Anil Ambani Moves Bombay High Court Against Arnab Goswami, Republic TV Over Defamation; Seeks Immediate Ban on Broadcasts
    High CourtHeadlines

    BREAKING| Perverse And Illegal: Bombay HC Sets Aside Interim Order, Allows Banks To Resume Action Against Anil Ambani

    A Division Bench of the Bombay High Court set aside a single judge’s interim order restraining banks and BDO India LLP from acting against Anil Ambani under RBI’s 2024 fraud classification Master Directions, terming the earlier decision perverse and declining stay relief.

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    Anil Ambani Moves Supreme Court After Bombay High Court Upholds SBI’s Fraud Classification
    Anil Ambani Moves Supreme Court After Bombay High Court Upholds SBI’s Fraud Classification
    Legal updatesHeadlines

    Anil Ambani Moves Supreme Court After Bombay High Court Upholds SBI’s Fraud Classification

    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.

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