Bombay HC quashes order staying proceedings against Anil Ambani to classify his bank accounts as fraud

Three banks in their appeal said the forensic audit, which led to accounts being classified as “fraud”, was legally valid and based on serious findings of fund siphoning and misutilisation

​Three banks in their appeal said the forensic audit, which led to accounts being classified as “fraud”, was legally valid and based on serious findings of fund siphoning and misutilisation