Every violation of RBI fraud rules not open to court scrutiny: Bombay High Court on lifting Anil Ambani case stay

The Bombay High Court quashed a single Bench order, which stayed the action initiated by three public sector banks based on the Master Directions issued by the RBI to classify Anil Ambani as fraud

Feb 24, 2026 - 16:45
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Every violation of RBI fraud rules not open to court scrutiny: Bombay High Court on lifting Anil Ambani case stay
The Bombay High Court quashed a single Bench order, which stayed the action initiated by three public sector banks based on the Master Directions issued by the RBI to classify Anil Ambani as fraud

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