Cannot interdict show cause notice over fraudulent account: Delhi HC to Anil Ambani's son
New Delhi (PTI): The Delhi High Court on Monday refused to interdict a show cause notice issued by Union Bank of India to industrialist Anil Ambani's son Jai Anmol Ambani in relation to proceedings to declare fraudulent the bank account of Reliance Home Finance Ltd (RHFL).
Justice Jasmeet Singh asked petitioner and RHFL director Jai Anmol Ambani to place his stand before the bank within 10 days and clarified that the effect of any consequent decision taken by the bank would be subject to the court order in the present matter.
The judge asked the bank to pass a "speaking order" and place the same before the court.
"I will not interdict a show cause notice. You argue in show cause. I will say whatever you have to say, they will ensure they address. Show cause notice I will not (interdict). I will not say they will not proceed. I will keep the writ petition pending. Let's see what the order is," the court told Jai Anmol Ambani.
"It is agreed between the parties that the petitioner will reply to the show cause within 10 days from today, appear for a personal hearing on January 30 and the respondent shall, after hearing the petitioner or his authorised representative, pass a speaking order, which shall be brought to the court on the next date of hearing. The effect of the order shall be subject to the order passed in the petition," the court said.
It issued notice on the petition and listed it for further consideration on February 27.
The senior counsel for Jai Anmol Ambani argued that the show cause notice, issued on December 22, 2025, was "inherently flawed".
He argued that since the resolution plan for RHFL had already been approved by all lender banks as well as the Supreme Court, there could not be any allegations of fraud against the company.
It was further stated that in any case, the bank had the relevant information since 2020 and a show cause notice after five years was contrary to the law.
The counsel for the bank opposed the petition and submitted that the court had restricted jurisdiction at the stage of issuance of the show cause notice.
The judge questioned the bank's counsel on how the show cause notice was issued after approval of a resolution plan under the insolvency law, adding that the petitioner's objections should be considered.
The notice was issued following the high court setting aside an earlier notice issued to the petitioner by Union Bank of India to declare the company's bank account fraudulent.
On December 19 last year, the high court granted relief to the petitioner on the ground that no show cause notice was served to him as it was sent to an address which the company vacated in 2020.
The high court, however, made clear that the order would not preclude the bank from issuing a fresh show cause notice to Jai Anmol Ambani and proceeding in the matter.
The CBI has booked Jai Anmol Ambani and RHFL in a case of alleged cheating with Union Bank of India (erstwhile Andhra Bank) that caused the public sector bank a loss of nearly Rs 228 crore.
The agency acted on a complaint from the bank against RHFL, Jai Anmol Ambani and Ravindra Sharad Sudhakar, also a director in the company.
The company availed credit limits to the tune of Rs 450 crore from the bank's SCF branch in Mumbai for business needs, the complaint stated.
It failed to pay the instalments to the bank and hence, the said account was classified as a non-performing asset (NPA) on September 30, 2019, according to officials.
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Parents fear uncertainty after Karnataka govt rules out age limit relaxation for Class 1 admission
Bengaluru: The Karnataka government has ruled out any relaxation of the minimum age limit for admission to Class 1 beginning with the academic year 2026-27. Following the refusal, a group of parents continues to press for leniency.
Parents of children who fall under the age of six by a small margin on the cut-off date have met Deputy Chief Minister D K Shivakumar and senior officials from the Department of School Education and Literacy to request an exemption. School Education and Literacy Minister Madhu Bangarappa said that the government will not change its decision, as reported by Deccan Herald.
According to the minister, children must be six years old by June 1 to be eligible for admission to Class 1. beginning with the 2026-27 academic year. He noted that the previous relaxation was a one-time measure that was clearly confined to the 2025-26 academic year.
“If such requests are entertained every year, it will never end. While granting relaxation last year, it was explicitly stated that it applied only to one academic year. From 2026-27 onwards, the rule will be strictly implemented,” Bangarappa was quoted by DH.
Parents argue that the rigid cut-off is affecting children who are short by a few days. One parent was quoted by DH as saying that his daughter would be 12 days short of completing six years on June 1. Such parents would be forced to repeat a year despite being academically ready. Others pointed out that children promoted from LKG to UKG during the 2025-26 academic year are now facing uncertainty over their transition to Class 1.
Few parents also recalled that earlier, admissions were allowed for children aged between five years and 10 months and six years. Parents saw it as a more practical approach, with children born in November and December being disproportionately affected.
The issue of age criterion goes back to a government order issued in July 2022. The order mandated six years as the minimum age for Class 1 admission. Parents of children already enrolled in pre-primary classes, protested against the order and the state deferred implementation, announcing that the rule would come into force from the 2025-26 academic year.
After renewed pressure, the government granted a one-year relaxation for 2025-26, citing the large number of students affected and in consultation with the State Education Policy Commission. While announcing the exemption, the minister had stated that no further concessions would be allowed.
