NCLT admits insolvency application against Winsome Diamond’s promoter Jatin Mehta – ET Retail
Representative image The Ahmedabad bench of the National Company Law Tribunal has admitted an insolvency resolution application against Jatin Rajnikant Mehta, the personal guarantor of bankrupt Winsome Diamonds and Jewellery, for a default of over Rs 457 crore. Mehta is suspected to be in St. Kitts and Nevis, a Caribbean island country. Winsome Diamonds, which…