Anil Ambani case: When does a loan account turn fraudulent?
The Bombay High Court raised concerns over the arbitrary process by banks declaring loan accounts as fraudulent without ...
Bombay High Court slams banks casual take on declaring accounts fraud, asks Anil Ambani to approach RBI
Bombay High Court issues notice to UBI and RBI over casual bank account classification, directs Ambani to approach RBI.
HC asks Anil Ambani to lodge complaint with RBI against Union Bank of India order
There cannot be such cut, copy and paste... There has to be some application of mind, says Bombay High Court slamming banks ...
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Bombay High Court Flags 'Cut Copy Paste' Orders Being Passed By Banks To Declare Fraud Accounts; Asks Anil Ambani To Approach RBI
The Bombay High Court on Friday asked industrialist Anil Ambani to approach the Reserve Bank of India (RBI) to challenge the ...
'Don't just cut, copy & paste, apply mind': HC to banks on Anil Ambani's plea against declaring account ‘fraud’
The Bombay High Court directed Anil Ambani to approach the RBI over his plea against an order declaring his account ‘fraud’.
Anil Ambani's RCAP buy: NCLT gives BIG order, asks lenders to complete...
IIHL voluntarily offered to release Rs 2,750 crore in equity capital into Reliance Capital's account to demonstrate its ...
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Bombay HC Directs Anil Ambani to Approach RBI in Loan Fraud Classification Case
Mumbai: The Bombay High Court on Friday issued a notice to the Union Bank of India and the Reserve Bank of India (RBI) in ...
Bombay HC irked by copy-paste bank orders declaring accounts fraud, asks Anil Ambani to approach RBI
The Bombay High Court criticized banks for the careless manner in which they declare accounts as 'fraud' or 'defaulter'. It ...
Gautam Adani to buy this company of Anil Ambani, its name is…., share prices jump to….
Adani Power Limited, which is a part of the Adani Group, has informed the stock market today that it has received the ...
HC raps RBI, Union Bank over bypassing of rules to declare Ambani account “fraudulent”
The case dates back to January 2024, when Union Bank issued a show cause notice to Reliance Communications, saying its loan account would be classified as “fraudulent” as it had allegedly sanctioned ...
‘Cut, copy, paste orders’: Bombay HC irked by banks declaring accounts fraud, asks Anil Ambani to approach RBI
The court noted that it frequently encounters cases where banks declare accounts as 'fraud' or 'wilful defaulter' without ...