Image default
Uncategorized

SC issues notices to Anil Ambani, group over ‘fraud’

The Supreme Court on Friday issued fresh notices to industrialist Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged large-scale banking and corporate fraud involving the group and its associate entities.

A Bench, led by CJI Surya Kant, directed the CBI and the Enforcement Directorate to file status reports in sealed covers in 10 days on the progress of their respective probe into the alleged fraud. On November 18, 2025, the SC had issued notices to the Centre, CBI, ED, Anil Ambani and ADAG on a PIL filed by former Union Power Secretary EAS Sarma.

Related posts

Stock markets trade lower after initial rally on foreign fund outflows, selling in blue-chips

Sandra S. Miller

Global economy resilient, but trade tensions, fiscal strains cloud outlook: United Nations report

Sandra S. Miller

India becomes second largest overseas market for US tourism as visitation surges 40 per cent

Sandra S. Miller