MUMBAI: Bombay high court on Wednesday granted interim relief to industrialist Anil Ambani who had filed multiple Suits against the Consortium of Banks and BDO India LLP alleging that the banks’ decision to label his accounts as fraud was based on an “illegal” forensic report by BDO, which he claimed was not recognised as an auditor under the RBI’s revised Master Directions on Fraud dated July 15, 2024.(This is a developing story)
