Supreme Court refuses to interfere with Bombay HC verdict lifting stay on fraud proceedings against Anil Ambani

The Supreme Court on Thursday (April 16, 2026) found no ground to interfere with a Bombay High Court verdict of February 23, 2026 which opened the door wide for fraud classification proceedings to continue against Anil Dhirubhai Ambani Group (ADAG) founder Anil Ambani.

A Bench headed by Chief Justice of India (CJI) Surya Kant did not intervene against the Division Bench decision to set aside a Single Judge order of December last year, which had stalled the proceedings.