The Supreme Court (SC) on Tuesday asked what prejudice would be caused to banks if they provide an opportunity of hearing to borrowers before classifying their accounts as fraudulent. A bench of ...

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The Bombay High Court has upheld a decision by the State Bank of India (SBI) to classify accounts of industrialist Anil Ambani and his company, Reliance Communications (RCom), as "fraudulent" noting ...

On 10th July, Canara Bank informed the Bombay High Court that it had withdrawn its classification of a loan account linked to industrialist Anil Ambani as “fraudulent.” Following this disclosure, a ...

The legal bench comprising Justice Revati Mohite Dere and Justice Neela Gokhale disposed of Anil Ambani's petition challenging the bank's order, after the disclosure was filed in the Bombay High Court ...

Mumbai: In a major setback to industrialist Anil Ambani, the Bombay High Court on Friday dismissed his plea challenging the State Bank of India’s (SBI) decision to classify his loan account as ...

Industrialist Anil Ambani has approached the Supreme Court against the Bombay High Court's decision upholding the SBI's classification of his and Reliance Communications' accounts as fraud. He argues ...

A division bench of Justices Revati Mohite Dere and Neela Gokhale on October 3 dismissed a petition filed by Ambani, ...

Industrialist Anil Ambani has moved the Supreme Court challenging an order of the Bombay High Court which upheld the State ...

Anil Ambani challenges SBI's fraud classification of his accounts in the Supreme Court after a High Court dismissal.