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Interim relief for Anil Ambani’s Reliance Communications
The Free Press Journal - Mumbai
|September 18, 2025
The Bombay High Court on Wednesday granted interim relief to Anil Ambanis Reliance Communications (RCom) by restraining Bank of Baroda from taking any coercive steps on its September 4 order that classified the company’s loan accounts as “fraud”.
A bench of Justices Riyaz Chagla and Farhan Dubash directed the Bank not to act till the next hearing scheduled for September 24. The court recorded that since the Bank has sought time to file a reply to RCom’s petition, it must place its affidavit on record by September 23. Until then, no action should be taken in furtherance of its impugned order.
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