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ADA withdraws petition against fraud proceedings
The Free Press Journal - Bhopal
|October 30, 2025
Mumbai: The Bombay High Court on Tuesday allowed industrialist Anil Ambani to withdraw his petition seeking to restrain IDBI Bank from proceeding with a personal hearing related to a show-cause notice issued to him for classifying his loan account as ‘fraud’, report by livelaw.in said.
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Justice Sandesh Patil, presiding over the vacation court, expressed his unwillingness to entertain the plea after hearing Ambani’s counsel. Following this, Ambani’s lawyer sought and was granted permission to withdraw the petition, allowing him to attend the personal hearing “under protest.”
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