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With immediate effect, the NCLT discontinued Kothari’s services and appointed Prashant Jain as the new RP in the case.
Reliance Infrastructure and Reliance Power -- issued a clarification to the exchanges that the action by the State Bank of ...
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Last year, state-run Canara Bank also tagged the RCom loan account as ‘fraud,’ a decision that the Bombay high court stayed.
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Anil Ambani-owned Reliance Power, Reliance Infra share prices rally up to 5%. Here's whyReliance Power share price rose over 3.70 per cent to ₹66.90 apiece on NSE, meanwhile, Reliance Infrastructure share price ...
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State Bank of India (SBI) has decided to classify the loan account of Reliance Communications as fraud and report the name of ...
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Reliance Infrastructure and Reliance Power on Thursday said SBIs classification of Reliance Communications loan account as ...
The case relates to a loan account linked with Ambani's firm Reliance Communications, which is undergoing insolvency ...
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The recurring cycle of high-profile accusations, followed by judicial stays or dismissals, as seen in the Canara Bank case ...
Canara Bank, Anil Ambani, Reliance Communications, fraud account withdrawal, Bombay High Court, Canara Bank fraud case, Anil ...
The bank said it gave Anil Ambani and the company several chances in the past two years to respond to the allegations, but ...
Anil Ambani faces legal challenges despite bankruptcy protection, including fraud investigations and potential disqualification under IBC guidelines.
The bank's Fraud Identification Committee has detected irregularities in the use of loan funds, involving a complex network of transactions across multiple group entities.
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