India, Feb. 28 -- The Bombay high court reprimanded banks and said they cannot simply "cut, copy and paste" orders declaring accounts as "defaulter" or "fraud", while hearing industrialist Anil Ambani's plea challenging Union Bank of India's order passed on October 10, 2024, declaring his account "fraud".

A division bench of Justices Revati Mohite Dere and Neela Gokhale directed Ambani to approach the Reserve Bank of India (RBI) to challenge the order, news agency PTI reported.

"There cannot be such cut, copy and paste orders. There has to be some application of mind. Ultimately this is public money. We cannot have such orders passed in such a casual manner. There has to be some mechanism put in place," PTI quoted the court as saying. ...