Bombay HC rejects Anil Ambani plea against SBI ‘fraud’ tag on Reliance Communications
The Bombay High Court on Friday dismissed a petition filed by industrialist Anil Ambani challenging the State Bank of India’s (SBI) decision classifying his and Reliance Communications’ accounts as fraud, as per a report by PTI.
Court finds no merit in plea
According to PTI, a bench of Justices Revati Mohite Dere and Neela Gokhale said there was no merit in the plea.
