Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance
The Bombay High Court on Wednesday (December 24, 2025) granted interim relief to Anil D. Ambani, restraining Bank of Baroda, IDBI Bank and Indian Overseas Bank from acting on show-cause notices and fraud classification orders issued against him on the basis of a forensic audit report prepared by BDO LLP (Binder Dijker Otte Limited Liability Partnership). Justice Milind N. Jadhav…
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