Overview
- The court issued fresh notices to Anil Ambani and ADAG after no appearance on earlier service, directing the Bombay High Court registrar to ensure delivery and file a compliance report.
- The bench required the CBI and ED to submit sealed-cover status reports within 10 days on their ongoing investigations, with the case listed for hearing afterward.
- Solicitor General Tushar Mehta informed the bench that an SBI-commissioned forensic audit found siphoning and diversion of funds, prompting SBI’s complaint to the CBI.
- The CBI has registered an FIR relating to Reliance Communications group entities that alleges conspiracy and cheating, with a quantified wrongful loss of about Rs 2,929 crore.
- The PIL by former Union secretary EAS Sarma seeks a court-monitored probe or SIT, alleging large-scale siphoning, write-offs totaling around Rs 1.5 lakh crore, delayed lender action since 2020 audits, and inadequate scrutiny of bank officials.