HC upholds ‘fraud’ tag on Anil Ambani, Reliance Comm

PTI

Mumbai, Updated At : 04:34 AM Oct 08, 2025 IST

Anil Ambani. File photo

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The Bombay High Court, while upholding an order of the SBI classifying the accounts of Anil Ambani and Reliance Communications as fraud, has said it was a reasoned order, and did not have any legal flaw.

A bench of Justices Revati Mohite Dere and Neela Gokhale on October 3 dismissed a petition filed by Ambani, challenging the SBI order. The judgment, a copy of which was made available on Tuesday, said there was no merit in Ambani’s plea as there was no “infirmity” in the SBI order of June 13, 2025.

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