@KiritSomaiya ALSO of significance : shell companies AND properties of THIS guy along with his chartered accountant/ FIXER and THEIR sons. Vast agricultural land parcels purchased in 2006 near allocated SEZs when aforementioned politician was in B5 bungalow Mantralaya 🚩👇🏽🚩👇🏽🚩⚡
The proceedings against Anil Ambani under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 raise questions of considerable constitutional and systemic importance and are presently sub judice before the Bombay High Court. In his writ petition, Ambani has challenged not only the initiation of proceedings and the penalty notices, but also the constitutional validity and retrospective application of core provisions of the Black Money Act. Recognising the seriousness of these issues, a Division Bench of the Bombay High Court has granted him interim relief and directed that no coercive steps be taken pursuant to the show-cause notice and subsequent penalty demands, and this interim protection has been continued from time to time. The High Court has also issued notice to the Attorney General of India on the challenge to sections 3(1), 50, 51, 59 and 72C as allegedly violative of Articles 14, 20 and 21 and has expressly questioned how the Black Money Act can be applied in a retrospective manner.
Given that the case concerns the interface between anti-black-money legislation and fundamental constitutional guarantees against ex post facto criminalisation, and that similar issues may arise across multiple jurisdictions, it is eminently fit that the Supreme Court consider bringing this matter before itself. The Court can do so by invoking its transfer and jurisdictional powers in appropriate proceedings, for instance under Article 139A of the Constitution in relation to substantial questions of general importance, or under its wider plenary jurisdiction when uniformity of interpretation is essential for the ends of justice. A clear and authoritative pronouncement from the Supreme Court would guide all pending and future Black Money Act prosecutions, ensuring both effective enforcement and fidelity to constitutional limits.
The Sandesara brothers, accused in a fraud involving roughly ₹14,000 crore owed to banks by contemporary estimates — and with later lender claims placing the outstanding even higher — were allowed by the Supreme Court, in its 19 November 2025 order, to buy closure by paying ₹5,100 crore, later deposited as ₹5,111 crore, with the criminal prosecution also brought to an end.
That is precisely what I meant when I wrote in the KBS Chronicle newsletter on Substack that the Court may have opened a Pandora’s box through this settlement. Anil Ambani is now openly seeking the same indulgence for the approximately ₹3.44 lakh crore owed by Reliance ADAG to lenders.
The sheer audacity of these fat cats is breathtaking.
Link in bio.
Is the judiciary above the law, above reproach? #CJISuryaKant’s reaction to #NCERTControversy is unjustified. Corruption in the judiciary, higher & lower, is a fact of life. Government appeasing #SC on this issue is appalling & will age poorly.