December 15, 2022 5:48 pm
Nirav Modi lost an appeal on mental health grounds last month when the High Court ruled that his risk of suicide is not such that it would be either unjust or oppressive to extradite him to India.
December 03, 2022 12:04 am
The CBI had opposed cancellation of a Look Out Circular issued against Maiank Mehta after he had sought to go to his Hong Kong residence and sought cancellation of the LOC.
November 24, 2022 12:04 pm
Nirav Modi, who remains behind bars at Wandsworth Prison in London, had two weeks to file an application seeking an appeal on the grounds of a point of law of general public importance
November 10, 2022 11:40 pm
“We welcome the UK high court's decision to dismiss the appeal against extradition of Nirav Modi,” External Affairs Ministry spokesperson Arindam Bagchi said.
November 10, 2022 8:15 am
Nirav Modi and his uncle Mehul Choksi are accused of routing transactions of about Rs 13,600 crore through fraudulent Letters of Undertaking (LoUs) of Punjab National Bank.
November 09, 2022 5:47 pm
Nirav Modi was booked in the Rs 13,500-crore PNB fraud case, where it was claimed that companies controlled by him had benefited from issuance of fraudulent letters of undertaking from the bank.
November 01, 2022 12:51 am
The market regulator also imposed a fine of Rs 5 core on Choksi, which has to be paid within 45 days, the order stated.
October 31, 2022 8:29 pm
The properties include Rhythm House at Kala Ghoda, valuables seized from Modi’s bungalow in Alibaug and 22 cars. The ED had sought to confiscate 48 properties valued at Rs 929 crore.
August 24, 2022 3:06 pm
The CBI has said though Mainak Mehta has not been named as an accused in its case as yet, his role in the PNB Bank fraud case is to be ascertained and for that, they need his appearance for further interrogation.
July 26, 2022 7:12 am
The bench passed directives after the central agency approached the HC seeking a stay on the order of a special court, which permitted Mehta to travel to Hong Kong. The court also granted interim protection from coercive action to Mehta till August 23 in the CBI case.
December 25, 2018 7:31 am
From Urjit Patel's resignation to the demise of former PM Atal Bihari Vajpayee, 2018 has been an eventful year. Here is a recap of the year in photographs
June 22, 2020 6:16 pm
The fugitive jeweller has spoken about the allegations against him for the first time. Mehul Choksi claimed that he tried to revoke the suspension of his passport with the Indian authorities.
June 22, 2020 6:22 pm
The number of bank officers arrested or facing charges for being involved with bad loans has gone up five times in the last four months. Here’s the #NewsInNumbers. See more: https://bit.ly/2IM1j4c