Page 2 - Latest Updates on Nirav Modi
Choksi pledged diamonds with inflated valuation to get Rs 25 cr loan: CBI
The CBI has filed a fresh case against Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery
 "Choksi pledged diamonds with inflated valuation to get Rs 25 cr loan: CBI")
Johnson says UK doesn't welcome economic fugitives like Nirav, Mallya
'We don't welcome people who want to use our legal system to evade the law here in India,' the British Prime Minister asserted
 "Johnson says UK doesn't welcome economic fugitives like Nirav, Mallya")
Nirav Modi's sister seeks ED intervention in IBC proceedings against him
Nirav Modi, the main accused in the Rs 13,000 crore Punjab National Bank (PNB) scam, was declared a Fugitive Economic Offender in December 2019.
 "Nirav Modi's sister seeks ED intervention in IBC proceedings against him")
PNB case: Deported official of Nirav Modi's firm remanded in CBI custody
Parab was deported to India from Cairo in Egypt earlier in the day, as per the Central Bureau of Investigation (CBI) officials
 "PNB case: Deported official of Nirav Modi's firm remanded in CBI custody")
Key official of Nirav Modi firm deported to India from Egypt: Officials
Subhash Shankar Parab was the Deputy General Manager (Finance) in Firestar Diamond
 "Key official of Nirav Modi firm deported to India from Egypt: Officials")
Assets worth Rs 19,111.20 cr of Vijay Mallya, Nirav Modi, Choksi attached
The government on Tuesday said assets worth Rs 19,111.20 crore relating to fugitives Vijay Mallya, Nirav Modi and Mehul Choksi, have been attached so far.
 "Assets worth Rs 19,111.20 cr of Vijay Mallya, Nirav Modi, Choksi attached")
'Rs 19,111-cr assets attached out of total fraud by Mallya, Nirav & Choksi'
These figures were mentioned in the note submitted by Tushar Mehta in the SC, which is hearing arguments on a batch of petitions concerning the interpretation of certain provisions of PMLA
 "'Rs 19,111-cr assets attached out of total fraud by Mallya, Nirav & Choksi'")
Rs 18k cr returned to banks from Mallya, Nirav and Choksi: Centre tells SC
Solicitor General Tushar Mehta informed the Supreme Court that Rs 18,000 crore have been returned to the banks in the case of Vijay Mallya, Nirav Modi, and Mehul Choksi.
Pen King's death and the misfortune of 'monarchs' in Indian business
Popular discourse is quick to crown as kings people who achieve so much success that it feels inadequate to describe them as successful.
 "Pen King's death and the misfortune of 'monarchs' in Indian business")
India govt's efforts to extradite businessmen yield limited results in 2021
As 2021 draws to a close, the Narendra Modi governments efforts to extradite Indian businessmen from Britain for alleged fraud against Indian banks are yet to materialise.
 "India govt's efforts to extradite businessmen yield limited results in 2021")
'Banks recover Rs 13k cr from asset sale of defaulters like Mallya, Nirav'
FM Sitharaman said this while replying to a discussion on the second batch of Supplementary Demands for Grants which was approved by the Lok Sabha
UK court hears Nirav Modi's extradition appeal on mental health grounds
Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over the hearing at the Royal Courts of Justice
UK court begins hearing Nirav Modi's appeal against extradition to India
Earlier this August, Nirav Modi was granted permission to appeal against his extradition from the UK to India to face fraud charges on the grounds that a return to India would harm his mental health
Nirav Modi UK extradition appeal to be heard on December 14
Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, has lodged his appeal against extradition from the UK and the case will be heard at the High Court in London on December 14.
US court junks Nirav Modi's plea seeking dismissal of fraud allegations
A bankruptcy court in New York has dismissed a petition of fugitive of diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.
Web series on fugitive businessman Nirav Modi is in development
A web series about the fugitive diamond dealer Nirav Modi is in the works.
Nirav Modi's brother-in-law appears before court for money laundering case
Fugitive diamantaire Nirav Modi's brother-in-law Maiank Mehta made his first appearance before the Special Prevention of Money Laundering Act Court in Mumbai on Tuesday in a money laundering case.
 "Nirav Modi's brother-in-law appears before court for money laundering case")
Properties worth Rs 500 crore of Nirav Modi firms restored to PNB
A special court here on Friday allowed 'restoration' of properties worth Rs 500 crore of fugitive jeweler Nirav Modi 's firms to Punjab National Bank
India, UK review permission granted to Nirav Modi for extradition appeal
The UK's Crown Prosecution Service (CPS) on Tuesday said it is reviewing the London High Court ruling to grant fugitive diamond merchant Nirav Modi permission to appeal against his extradition order
UK court allows Nirav Modi to appeal on depression, suicide risk grounds
A High Court judge in London on Monday granted fugitive diamond merchant Nirav Modi permission to appeal on mental health and human rights grounds.
 "UK court allows Nirav Modi to appeal on depression, suicide risk grounds")
