PIL Seeking Probe Against Anil Ambani- Supreme Court Hearing-Live Updates

Update: 2026-02-04 05:30 GMT
Live Updates - Page 2
2026-02-04 05:38 GMT

CJI notes that out of 8000 crores, 6000 crores have been paid by RCFL

2026-02-04 05:37 GMT

CJI: the investments made by Yes Bank in 2017-2018 in non-convertable debentures are being examined. It is found that RHFL committed a default of Rs.7.35 thousand of crores

2026-02-04 05:36 GMT

CJI: in reference to the order dated 23 rd Jan 2026, Respondent 4-5 entered appearance, Ld Sr Counsels seek and granted 4 weeks to file counter. SG representing the ED and CBI ....the ED also filed an affidavit , in some and substance suggesting that the investigation for offences under the PMLA as well the affairs of the group of companies has been going on

2026-02-04 05:34 GMT

CJI: everyday the matters are coming and this is an issue we are facing everyday.....

2026-02-04 05:33 GMT

Bhushan: reliance communications had 47000 crores of outstanding dues

Rohatgi: its a public process

CJI: unfortunately the IBC process is being misused, you get an audit done with undervalues, somebody from the family only comes and buys the assets

2026-02-04 05:33 GMT

Diwan: the ED affidavit says a series of steps have been taken in the last 6 months, we are ensuring that the payment is being made , Rohatgi's suggetsion is a valuable one- if there is some solution to be found, it reduces the issue

SG: in forensic reports it has come out that money is taken from one bank to repay loan in another bank

CJI: we are not constituting any committee, we are still expecting ED, CBI to do an independent , fair job

2026-02-04 05:32 GMT

CJI: we expect that the agencies must act independently, sincerely, we would like to have status reports every month

Sr Adv Shyam Diwan for Anil Ambani Group of Companies : we will take some time to put our response; 2) Reliance companies in the last 5 years has put back 20,000 crores , these two companies are virtually debt free

2026-02-04 05:32 GMT

CJI: if after thorough investigation , it is said that bank fraud happened which was not under control

Bhushan: ED's report states - atleast 26000 crores has been sipphoned out offshore, not a single penny coughed, 1 lakh 78 crores pending in bankruptcy, the gentleman has not been arrested till date, the kingpin has not been arrest, only one officer arrested that too 2 days before because this matter was coming up

2026-02-04 05:32 GMT

Rohatgi: the question is that a person is appointed has declared me to commit the fraud, has no right to do so

CJI: we will not allow this kind of impediment, this 17 days sanctions etc ..

SG: if they are in collusion, then the bank persons are also under investigation

2026-02-04 05:31 GMT

SG: public officials are also under investigation, Respondent 5 has filed 5 suits before the Bombay HC, banks have filed an appeal, judgement is reserved

CJI: if the matter has been argued, we will wait for it

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