Browsing Tag

Reliance Communications

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ED attaches Anil Ambani’s Pali Hill home worth ₹3,716 crore in RCOM probe; total attached assets exceed ₹15,700 crore.

ED Attaches Anil Ambani’s ₹3,716 Cr Pali Hill Home ‘Abode’ in RCOM Bank Fraud Probe Case

ED attaches Anil Ambani’s Pali Hill home worth ₹3,716 crore in RCOM probe; total attached assets exceed ₹15,700 crore.
In a significant ruling on February 23, 2026, the Bombay High Court overturned an interim stay, permitting Bank of Baroda, IDBI Bank, and Indian Overseas Bank to resume fraud-tagging proceedings against Anil Ambani over alleged fund diversion in Reliance entities. This comes as the ED continues its PMLA crackdown, having attached assets exceeding ₹12,000 crore, including the Ambani family's Pali Hill home in Mumbai.

Bombay High Court Overturns Interim Stay: Banks Can Proceed with Fraud Tagging Against Anil Ambani

In a significant ruling on February 23, 2026, the Bombay High Court overturned an interim stay, permitting Bank of Baroda, IDBI Bank, and Indian Overseas Bank to resume fraud-tagging proceedings against Anil Ambani over alleged fund diversion in Reliance entities. This comes as the ED continues its PMLA crackdown, having attached assets exceeding ₹12,000 crore, including the Ambani family’s Pali Hill home in Mumbai.
ED attaches Anil Ambani’s Pali Hill home worth ₹3,716 crore in RCOM probe; total attached assets exceed ₹15,700 crore.

ED Attaches ₹1,885 Crore Assets of Anil Ambani Group, Total Seizures Cross ₹12,000 Crore in Bank Fraud Cases

The ED has provisionally attached assets worth ₹1,885 crore of Anil Ambani Group entities in multiple bank fraud cases, pushing total group-level attachments beyond ₹12,000 crore as investigations intensify.
The Enforcement Directorate has attached 132 acres of Dhirubhai Ambani Knowledge City in Navi Mumbai worth ₹4,462 crore, deepening the crackdown in the Reliance Communications bank fraud case. The total attachment in the group now exceeds ₹7,500 crore.

ED Attaches Dhirubhai Ambani Knowledge City Land Worth ₹4,462 Crore in RCom Bank Fraud Case

The Enforcement Directorate has attached 132 acres of Dhirubhai Ambani Knowledge City in Navi Mumbai worth ₹4,462 crore, deepening the crackdown in the Reliance Communications bank fraud case. The total attachment in the group now exceeds ₹7,500 crore.