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Author Topic: HC dismisses plea against SBI fraud tag on RCom account  (Read 213541 times)

Rajot

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HC dismisses plea against SBI fraud tag on RCom account
« on: October 04, 2025, 03:37:40 AM »
HC dismisses  plea against SBI fraud tag on RCom account

Bombay High Court on Friday dismissed Anil Ambani's petition challenging SBI's decision to classify Reliance Communications' loan account as "fraud." Ambani argued natural justice was flouted and SBI's action was arbitrary, denying him a personal hearing. The court found no merit in his plea, allowing Ambani to potentially approach the Supreme Court.
Source: HC dismisses  plea against SBI fraud tag on RCom account
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