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    <title>Order classifying Anil Ambani’s loan account as ‘fraudulent’ withdrawn: Canara Bank to HC</title>
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    <description>Classification of a loan account as fraudulent was withdrawn by the lending bank and the court disposed of the challenge; the bank will inform the regulator. The original declaration relied on a regulatory master circular concerning fraud accounts and was contested on grounds that the borrower was not given a hearing and received communication of the classification only after related judicial intervention.</description>
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