In a fresh twist to a case relating to Industrialist Anil Ambani fraudulent account case, Bank of Baroda, IDBI Bank, Indian Overseas Bank and auditor BDO India LLP have made an approached to a Division Bench of the Bombay High Court to challenge a single‑judge order that restrained them from initiating any action against Anil under the Reserve Bank of India’s 2024 Master Directions on fraud classification [Bank of Baroda & Ors v. Anil Ambani & Ors.].
Further details are awaited.
News Edit KV Raman