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

Aseer Jamal

4 Feb 2026 11:00 AM IST

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

    Supreme Court hears PIL seeking probe into banks related to the ongoing investigation into the alleged bank frauds perpetauted by Anil Dhirubhai Ambani Group companies and their promoter Anil Ambani

    Follow this page for live updates

    Live Updates

    • 4 Feb 2026 11:08 AM IST

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

    • 4 Feb 2026 11:07 AM IST

      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

    • 4 Feb 2026 11:06 AM IST

      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

    • 4 Feb 2026 11:04 AM IST

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

    • 4 Feb 2026 11:03 AM IST

      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

    • 4 Feb 2026 11:03 AM IST

      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

    • 4 Feb 2026 11:02 AM IST

      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

    • 4 Feb 2026 11:02 AM IST

      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

    • 4 Feb 2026 11:02 AM IST

      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

    • 4 Feb 2026 11:01 AM IST

      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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