Relief for Anil AmbaniBombay HC stays bank action
In a fresh move the Bombay High Court on Wednesday stayed all coercive action by Bank of Baroda, IDBI Bank and Indian Overseas Bank against Anil Ambani, and founded on an October 2020 forensic audit report into Reliance Communications and group entities. Justice Milind Jadhav took a stringent prima facie view thataudit report by audit firm BDO…

