Anil Ambani Withdraws Plea Against IDBI Bank's Fraud Proceedings After Bombay High Court Declines To Intervene

Narsi Benwal

29 Oct 2025 7:00 PM IST

  • Anil Ambani Withdraws Plea Against IDBI Banks Fraud Proceedings After Bombay High Court Declines To Intervene

    The Bombay High Court on Tuesday allowed industrialist Anil Ambani to withdraw his petition by which he sought a directive to the IDBI Bank against proceeding with the personal hearing in connection to a show cause notice (SCN) issued to him for declaring his loan account as "fraud."Single-judge Justice Sandesh Patil presiding over the vacation court, after hearing Ambani's counsel, expressed...

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