Saturday, 6 July 2019

DRT allows PNB to recover Rs 7.2cr from Nirav

In a big score for Punjab National Bank Debt Recovery Tribunal Mumbai on Saturday pronounced its final order and directed Nirav Modi and his companies to pay the lender and a consortium of banks over Rs 7,200 crore with interest. The consortium of banks had filed a separate application for recover of over Rs 200 crore later.

from Times of India https://ift.tt/2YKEgew
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