Nirav Modi Scam At PNB

Last week, DRT-I Recovery Officer Ajeet Tripathi put up HCL House in Marol for e-auction, plus 3 other lots of properties to recover a portion of the outstanding of a staggering Rs 22,13,16,39,411

Fugitive jeweller and designer had fled India in early 2018, days before the details of his alleged role in large-scale fraud at the Punjab National Bank became public

LIVE News: Catch all the updates from around the world here

The High Court of London (United Kingdom) on Wednesday dismissed the appeal of Nirav Modi, who is wanted in India to face money laundering and fraud cases.

The Enforcement Directorate said it attached gems, jewellery and bank deposits worth Rs 253.62 crore of companies linked to fugitive diamond merchant Nirav Modi as part of a money laundering probe.

The 51-year-old diamond merchant had lodged an appeal last year against his extradition order on mental health grounds.

The 51-year-old diamond merchant had lodged an appeal against his extradition order on mental health grounds

Subhash Shankar Parab was the Deputy General Manager (Finance) in Firestar Diamond

In an exclusive interview with Business Standard, diamantaire Mehul Choksi claims he turned a defaulter only after banks "wrongly implicated" him in the Nirav Modi case and his assets were seized

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. The allegations were made by Richard Levin, the court appointed trustee of three US corporations--Firestar Diamond, Fantasy Inc and A Jaffe--indirectly owned by Nirav Modi previously. Levin had also sought a minimum compensation of USD 15 million for harm suffered by the debtors of Modi and his associates Mihir Bhansali and Ajay Gandhi. Southern District of New York Bankruptcy Court Judge Sean H Lane issued the order last Friday, in a major blow to the Indian fugitive and his accomplices. ' SDNY Bankruptcy Court Judge Lane in a clear decision denied defendants Modi, Bansali and Gandhi's motions to dismiss US Trustee Richard Levin's amended complaint in the adversary proceeding arising out of Modi's initial chapter 11 bankruptcy petition, alleging fraud, breach of fiduciary duties, RICO and related state law claim

The ED on Wednesday transferred seized assets worth Rs 9,371.17 crore in the cases related to Vijay Mallya, Nirav Modi, and Mehul Choksi, to Public Sector Banks (PSBs) and Central Government

Fugitive diamantaire Mehul Choksi has been moved to the government quarantine facility in Dominica, according to sources on Sunday

'We will not accept him back,' says Prime Minister of Antigua and Barbuda, from where the diamond merchant fled.

A special CBI court in Mumbai rejected the interim bail plea of Arjun Patil, who was arrested in connection with the multi-crore Punjab National Bank (PNB) scam

A similar notice was also issued to Nirav Modi's wife Ami, sister Purvi and brother-in-law Maiank Mehta

Modi, who had 14 days to appeal the decision, approached the High Court of appeals on the April 28, 2021 to appeal the decisions made by the lower court judge

Fugitive diamond merchant Nirav Modi appeared via videolink for a routine 28-day remand hearing on Tuesday in London

Modi was charged in the state supreme court with "grand larceny in the first degree" for allegedly "fraudulently obtaining over $2.6 million worth of diamonds

The CBI has booked retired deputy manager Gokulnath Shetty in a fresh case of receiving a bribe of Rs 1.08 crore from Rishika Financials that arranged bank guarantees for Gitanjali Gems

District Judge directed Nirav Modi's appearance from a room in Wandsworth Prison in south-west London with social distancing norms