Archive · 25 Jan 2026
Supreme Court Issues Notices to Anil Ambani Over Alleged Bank Fraud
The Supreme Court has sent new notices to Anil Ambani and his company group, ADAG, because someone filed a complaint saying they might have done something wrong with money and banks.
The court wants to make sure everyone involved responds and provides reports on what they are investigating.
The person who filed the complaint says the fraud started a long time ago, and the court is giving one last chance for Anil Ambani and his group to explain their side.
The court also wants reports from the CBI and ED, which are agencies that investigate crimes, to see what they have found so far.
Supreme Court issues fresh notices to Anil Ambani and ADAG over alleged banking and corporate fraud.
Petitioner E A S Sarma alleges diversion of public funds and fabrication of financial statements.
Court directs Bombay High Court's Registrar General to ensure service of notices and compliance report.
CBI and ED instructed to provide status reports in sealed cover within ten days.
Petitioner claims the alleged fraud dates back to 2007-08, with FIR registered in 2025.
- Who
- Anil Ambani, Anil Dhirubhai Ambani Group (ADAG), E A S Sarma, CBI, ED
- What
- Supreme Court issues fresh notices over alleged bank fraud
- When
- Hearing scheduled after 10 days, status reports due in 10 days
- Where
- Supreme Court of India
- Why
- To investigate alleged extensive banking and corporate fraud
- Parties Involved
- Anil Ambani, Anil Dhirubhai Ambani Group (ADAG), E A S Sarma, CBI, ED
- Allegations
- Diversion of public funds, fabrication of financial statements, institutional complicity
- Court Action
- Fresh notices issued, compliance report required, hearing scheduled after 10 days
- Status Reports
- CBI and ED to provide status reports in sealed cover within ten days
- Petitioner's Claim
- Alleged fraud dates back to 2007-08, FIR registered in 2025
- Court's Stance
- Granted last opportunity for Anil Ambani and ADAG to file responses