Anil Ambani Moves Supreme Court Against SBI’s Fraud Tag, Challenges Bombay HC Order

Описание: Anil Ambani Moves Supreme Court Against SBI’s Fraud Tag, Challenges Bombay HC Order

In a major legal development, industrialist Anil Ambani has approached the Supreme Court, challenging the Bombay High Court's order that upheld SBI’s decision to tag him as a fraud account holder. The plea comes after the Bombay HC refused to interfere with SBI’s classification of Ambani and his companies, which has serious implications for his business dealings and creditworthiness.

This legal move marks another chapter in the ongoing tussle between financial institutions and high-profile defaulters. As the Supreme Court prepares to hear the case, the outcome could set a precedent in how banks label borrowers and handle large corporate loan defaults. Republic brings you the full legal trail, reactions, and expert analysis LIVE.

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