https://www.taxtmi.com/news?id=61834 A public interest petition seeks a court monitored probe into alleged diversion of bank funds, fabrication of accounts and use of shell entities by Reliance Communications and affiliates, citing a forensic audit that purportedly revealed large scale diversion and improper repayments. The petition alleges delays by the lead bank in acting on the audit and contends investigative agencies have not probed bank officials, auditors or regulators, asserting prima facie institutional complicity and seeking judicial supervision to secure a comprehensive investigation. en-us Mon, 17 Nov 2025 16:01:02 +0530 Mon, 17 Nov 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61834 A public interest petition seeks a court monitored probe into alleged diversion of bank funds, fabrication of accounts and use of shell entities by Reliance Communications and affiliates, citing a forensic audit that purportedly revealed large scale diversion and improper repayments. The petition alleges delays by the lead bank in acting on the audit and contends investigative agencies have not probed bank officials, auditors or regulators, asserting prima facie institutional complicity and seeking judicial supervision to secure a comprehensive investigation. News - Mon, 17 Nov 2025 16:01:02 +0530 https://www.taxtmi.com/news?id=61834