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 ...
'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’.
Bar & Bench22h
Bombay High Court asks Anil Ambani to approach RBI in loan account fraud classification case
The Bombay High Court on Friday issued notice to Union Bank of India and the Reserve Bank of India (RBI) in response to a ...
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 ...
Deccan Chronicle18h
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 ...
Live Law17h
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 ...
Press Trust of India on MSN17h
Bombay HC flags ‘copy-paste’ fraud bank order declarations, asks Anil Ambani to approach RBI
Banks have to be mindful of the fact that guidelines, published in the RBI's 'master circulars', are in place, the HC said ...
‘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 ...
cnbctv1823h
Bombay HC slams banks' 'cut, copy, paste' fraud tags; tells Anil Ambani to move RBI
Bombay HC directed industrialist Anil Ambani to approach the Reserve Bank of India (RBI) over Union Bank of India’s decision ...
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 ...