{"id":11959,"date":"2026-04-16T13:49:14","date_gmt":"2026-04-16T08:19:14","guid":{"rendered":"https:\/\/publicherald.in\/?p=11959"},"modified":"2026-04-16T13:52:48","modified_gmt":"2026-04-16T08:22:48","slug":"sc-rejects-anil-ambani-pleas-against-bombay-hc-order","status":"publish","type":"post","link":"https:\/\/publicherald.in\/?p=11959","title":{"rendered":"SC Rejects Anil Ambani Pleas Against Bombay HC Order"},"content":{"rendered":"<div class=\"flex flex-col text-sm pb-25\">\n<section class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:0ae5b736-d354-4df2-ba9b-84e2bc00df1d-9\" data-testid=\"conversation-turn-20\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"e273ebc4-de5e-4a05-8f53-3a11560c3a7c\" data-message-model-slug=\"gpt-5-3-mini\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert w-full wrap-break-word dark markdown-new-styling\">\n<p data-start=\"0\" data-end=\"270\">NEW DELHI, Apr 16: The Supreme Court on Thursday dismissed the pleas of industrialist Anil Ambani challenging a Bombay High Court order that permitted banks to continue proceedings against him and Reliance Communications Ltd for classifying their bank accounts as fraud.<\/p>\n<p data-start=\"272\" data-end=\"537\">A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi, however, allowed Ambani to pursue his case before the high court\u2019s single-judge bench against the banks\u2019 show-cause notices seeking to declare the accounts as fraudulent.<\/p>\n<p data-start=\"539\" data-end=\"666\">The bench also requested the single-judge bench to expedite hearing of Ambani\u2019s plea against the notices issued by three banks.<\/p>\n<p data-start=\"668\" data-end=\"835\">The apex court passed the order while hearing three separate petitions filed by Ambani challenging a February 23 decision of a division bench of the Bombay High Court.<\/p>\n<p data-start=\"837\" data-end=\"1022\">The division bench had earlier set aside a single-judge bench interim order that had stayed proceedings to classify the bank accounts of Ambani and Reliance Communications Ltd as fraud.<\/p>\n<p data-start=\"1024\" data-end=\"1182\">It had allowed appeals filed by three public sector banks and audit firm BDO India LLP against a December 2025 interim order passed by the single-judge bench.<\/p>\n<p data-start=\"1184\" data-end=\"1443\">The earlier single-judge bench order had restrained all present and future action by Indian Overseas Bank, IDBI Bank, and Bank of Baroda, observing that the action was based on a disputed forensic audit and allegedly violated Reserve Bank of India guidelines.<\/p>\n<p data-start=\"1445\" data-end=\"1609\" data-is-last-node=\"\" data-is-only-node=\"\">Ambani had separately challenged the show-cause notices issued by the three banks seeking to classify his and Reliance Communications\u2019 accounts as fraud. (Agencies)<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"z-0 flex min-h-[46px] justify-start\"><\/div>\n<div class=\"mt-3 w-full empty:hidden\">\n<div class=\"text-center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<div class=\"pointer-events-none h-px w-px absolute bottom-0\" aria-hidden=\"true\" data-edge=\"true\"><\/div>\n\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, Apr 16: The Supreme Court on Thursday dismissed the pleas of industrialist Anil Ambani challenging a Bombay High Court order that permitted banks to continue proceedings against him and Reliance Communications Ltd for classifying their bank accounts as fraud. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[508,493,498,505,495,147,503,504,496,502,357,500,497,507,506,499,501,494],"class_list":["post-11959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jammuandkashmir","tag-agenciesreport","tag-anilambani","tag-bankfraudcase","tag-bankingsector","tag-bombayhighcourt","tag-breakingnews","tag-businessnews","tag-corporatenews","tag-courtverdict","tag-highcourtorder","tag-indianews","tag-indianjudiciary","tag-legalnewsindia","tag-newsupdate","tag-rbi","tag-reliancecommunications","tag-scindia","tag-supremecourt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SC Rejects Anil Ambani Pleas Against Bombay HC Order - 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