Anil Ambani Forensic Audit case: Not all old guidelines repealed by RBI’s 2024 master directions, says Bombay high court
The Bombay High Court has overturned a lower court's decision. This ruling allows banks to proceed with a 2020 forensic audit report concerning Anil Ambani and Reliance Communications. The court clarified that new RBI guidelines do not nullify actions taken under previous directions. This decision impacts ongoing criminal investigations and Ambani's account classification.
