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Bombay High Court Dismisses Anil Ambani's Plea Against SBI Classifying His Loan Account As "Fraud"
Narsi Benwal
3 Oct 2025 4:44 PM IST
The Bombay High Court on Friday refused to quash the order passed by the State Bank of India (SBI), which classified the loan account of Reliance Communications and also its chairman Anil Ambani as "fraud."A division bench of Justices Revati Mohite-Dere and Dr Neela Gokhale pronounced the order.Notably, Ambani and his company account's classification as "fraud" was made on June 13, 2025,...
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Narsi Benwal
Narsi Benwal is a Special Correspondent with Live Law covering Bombay High Court and also the Trial Courts across Maharashtra
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