<h1>Bank tags insolvent telecom company and former director as fraud, blocking regulated credit for five years</h1> A public sector bank has classified the loan account of an insolvent telecom company and its former director/promoter as 'fraud' based on forensic-audit findings, noting the account was an NPA since June 5, 2017 and that no active NCLT-approved resolution plan exists; similar fraud tags were earlier applied by two other lenders. The declaration, made while the company remains in corporate insolvency resolution proceedings, obliges the lender to refer the matter to enforcement agencies for potential criminal action and bars the borrower from obtaining regulated finance for five years. The company and its former director deny the allegations and intend to pursue legal remedies.