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Bombay High Court sets aside sweeping stay on fraud proceedings against Anil Ambani — “Master Directions 2024 cannot retrospectively invalidate 2020 forensic audit; interim injunction paralysing banks unsustainable”, Single Judge order quashed

Court’s decision The Bombay High Court (Division Bench) allowed a batch of appeals filed by Bank of Baroda, IDBI Bank, Indian Overseas Bank and BDO India LLP, and set aside…

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Rawlaw February 24, 2026

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