Supreme Court rejects Anil Ambani's plea to stop banks from classifying loans as fraudulent.

The Supreme Court has rejected industrialist Anil Ambani’s plea to stop banks from classifying his loan accounts as fraudulent. The court upheld a Bombay High Court ruling that allowed lenders to proceed with legal actions based on a forensic audit. Ambani was ordered to pursue his challenge in lower courts while investigations into the Reliance Group continue.