New Delhi, April 16 -- The Supreme Court of India has refused to grant relief to Anil Ambani on his plea challenging a Bombay High Court order that allowed banks to proceed with classifying his loan account as fraud.
The matter pertains to a judgement by the Bombay High Court that allowed two banks to proceed with classifying Anil Ambani's loan account as fraud. It had set aside December 2025 order that had granted interim relief to Anil Ambani.
A Supreme Court bench led by the Chief Justice of India (CJI) Surya Kant observed that the Division Bench order of the Bombay High Court shall not come in the way of a suit which is pending to be adjudicated and requested the High Court to dispose of the case expeditiously.
"In terms of the Singl...