The court said Mr V. K. Rai had breached professional conduct rules because he took unfair advantage of the recipients by misleading them about their own legal position.

Firms also tend to limit themselves to the bare minimum disclosure requirements, says a central bank representative.

Join us on our journey towards excellence in Teaching, Research, Enterprise and Administration.

The seized assets include Patek Philippe and Richard Mille watches, more than 50 gold bars, multiple pieces of diamond-encrusted jewellery, and Hermes and Louis Vuitton handbags.

The judge also noted that if the court steps in when the questions are not relevant, intended to insult or annoy, or needlessly repetitive, this would not amount to improper judicial interference or “descending into the arena”.