Anil D Ambani vs Indian Overseas Bank (Iob)

ik-100505582 Bombay High Court 24 December 2025 • 126 min read

Judges (1)

Counsel (11)

Naik Naik & Company Firm Abhishekh Kale Counsel Plaintiff Ameet Naik Counsel Plaintiff Atul Setalvad Counsel Defendant Darius Khambata Counsel Defendant Gaurav Joshi Counsel Plaintiff Jamshed Mistry Counsel Defendant Janak Dwarkadas Counsel Defendant Nikhil Andhyarujina Counsel Defendant Piyush Raheja Counsel Plaintiff Ravi Bharucha Counsel Defendant

Parties (4)

Bank of Baroda Defendant IDBI Bank Ltd Defendant Indian Overseas Bank Defendant Anil D. Ambani Plaintiff

Case Significance

Anil D Ambani vs Indian Overseas Bank (Iob) is a Bombay High Court decision dated December 24, 2025 (citation: ik-100505582). Anil D. Ambani filed three suits against Indian Overseas Bank, IDBI Bank, and Bank of Baroda seeking to restrain enforcement of personal guarantees and invoking of securities, with interim applications for protective orders. The Bombay High Court granted interim relief in favor of Ambani in this 116-page judgment, and declined the banks' request for a six-week stay of the judgment. The case was heard by Justice Milind N. Jadhav.

Summary

Anil D. Ambani filed three suits against Indian Overseas Bank, IDBI Bank, and Bank of Baroda seeking to restrain enforcement of personal guarantees and invoking of securities, with interim applications for protective orders. The Bombay High Court granted interim relief in favor of Ambani in this 116-page judgment, and declined the banks' request for a six-week stay of the judgment.

What was the outcome of Anil D Ambani vs Indian Overseas Bank (Iob)?

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-100505582)