Page 6 - Latest Updates on Nirav Modi
Sebi orders attachment of bank, demat accounts of Choksi, Gitanjali gems
Choksi, the uncle of diamantaire Nirav Modi, is the promoter and managing director of Gitanjali Gems
 "Sebi orders attachment of bank, demat accounts of Choksi, Gitanjali gems")
PNB makes first recovery of Rs 24 cr in Nirav Modi fraud case in US
This was the maiden corporate fraud case abroad that MCA intervened in; Rs 82 cr in all will be distributed among unsecured creditors, including PNB, after assets of tainted group are liquidated
 "PNB makes first recovery of Rs 24 cr in Nirav Modi fraud case in US")
Interpol issues red corner notice against Nirav Modi's wife on ED's request
Interpol has issued a red corner notice against fugitive Nirav Modi's wife, Ami Modi, in connection with the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case
 "Interpol issues red corner notice against Nirav Modi's wife on ED's request")
Top headlines: Apple's first online store in India, RBI' OMOs, and more
Here are the top headlines of the day
 "Top headlines: Apple's first online store in India, RBI' OMOs, and more")
Interpol issues global arrest warrant against Nirav Modi's wife in PNB case
Ami Modi, Nirav's wife, is stated to have left country soon after the alleged bank fraud case came into light in 2018
NCLAT sets aside order against former PNB official in Nirav Modi case
NCLAT has set aside an order to implead a former Executive Director of the Punjab National Bank in a matter related to Rs 14,000 crore scam involving diamond merchant Nirav Modi
 "NCLAT sets aside order against former PNB official in Nirav Modi case")
ED confiscates over Rs 329-cr assets of Nirav Modi under fugitive law
A special court in Mumbai had on June 8 authorised the ED to confiscate the assets
ED brings back Rs 1,350-cr worth diamonds, pearls from Nirav Modi, Choksi
Out of the 108 consignments that landed at Mumbai, 32 belong to overseas entities "controlled" by Modi while the rest are of Mehul Choksi firms
 "ED brings back Rs 1,350-cr worth diamonds, pearls from Nirav Modi, Choksi")
PMLA court orders seizure of Nirav Modi's assets worth Rs 1,400 crore
Court also allows banks to lay claims for secured assets out of these confiscated assets
Case against Nirav Modi very short on proof, his legal team tells UK court
The 49-year-old jeweller is wanted in India on charges of defrauding PNB by deceitfully obtaining letters of undertaking (LoUs), or bank guarantees
Nirav Modi's extradition trial in PNB fraud case to begin in London
Two additional charges of "causing the disappearance of evidence" and intimidating witnesses or criminal intimidation to cause death were added on by the CBI and certified earlier this year
Cong alleges Modi govt waived Rs 68,607 crore of bank loan defaulters
Congress also alleged that the government waived loans worth Rs 6.66 trillion from 2014 till September 2019
 "Cong alleges Modi govt waived Rs 68,607 crore of bank loan defaulters")
Creative problem
The wait-and-watch tenterhooks of the art world is sending shivers down its collective spine
 "Creative problem")
Nirav Modi's car, paintings, luxury items fetch Rs 51 crore for ED
As many as 40 items went under the hammer on Thursday, which marks the completion of auction of assets seized by the Enforcement Directorate.
 "Nirav Modi's car, paintings, luxury items fetch Rs 51 crore for ED")
UK court rejects diamond merchant Nirav Modi's bail plea for fifth time
The 49-year-old, who has been lodged at Wandsworth Prison in south-west London since his arrest in March last year
BMC attaches Nirav Modi's properties for recovery of tax worth Rs 9.5 cr
A commercial property of Nirav Modi is located at the Peninsula Business Park in Lower Parel area of Mumbai and two commercial ones are at Kohinoor City in suburban Kurla
Nirav Modi assets beat estimates, garner Rs 2.29 crore in online auction
Items were expected to fetch Rs 50 lakh
NCLT Mumbai orders liquidation of Nirav Modi's firm, spells doom for PSBs
This is said to be the first-ever liquidation order for any company embroiled in the fraud schemed by the Modi-Choksi before they fled the country
UK court extends remand of Nirav Modi till March 24 in PNB fraud case
Modi is meanwhile expected to appear for "call-over" hearings every 28 days at Westminster Magistrates' Court until the case management hearings for his extradition trial kick in
 "UK court extends remand of Nirav Modi till March 24 in PNB fraud case")
Top events of the day: Congress to meet Prez, Nirav Modi's assets, and more
A collection of 112 lots of prized assets belonging to absconder diamantaire Nirav Modi shall be put up for live and online auctions
