$~51 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 19076/2025 & CM APPL. 79388/2025 ANMOL AMBANI .....Petitioner Through: Mr. Rajiv Nayar, Senior Advocate with Mr. Rishi Agrawala, Mr. Tejasvi Chaudhry, Mr. Daksh Arora, Ms. Chanan Parwani and Mr.

Daanish Abbasi, Advocates.

versus UNION BANK OF INDIA .....Respondent Through: Mr. Sanjiv Kakra, Senior Advocate with Mr. Samrendra Kumar and Mr. Akash Madan, Advocates.

CORAM:

HON'BLE MS. JUSTICE JYOTI SINGH

O R D E R

% 19.12.2025

1. This writ petition is filed on behalf of the Petitioner under Article 226 of the Constitution of India seeking quashing of classification of the Petitioner as ‘fraud’ by the Respondent through declaration dated 10.10.2024 with a consequential relief of a direction to withdraw all actions relating to such ‘fraud’ classification.

2. This writ petition concerns a Term Loan Agreement executed between Reliance Home Finance Limited (‘RHFL’) and the Respondent on 11.03.2015. It is Petitioner’s case that classification of the Petitioner as ‘fraud’ purportedly under ‘Master Directions on Fraud Risk Management in Commercial Banks (including Regional Rural Banks) and All India Financial Institutions’, dated 15.07.2024 was