Punjab National Bank fraud case: Mehul Choksi undergoing treatment in Belgium, says lawyer – ET Retail

Mehul Choksi Mumbai: Mehul Choksi, the diamond trader wanted by multiple Indian agencies in the Punjab National Bank (PNB) scam, informed a Mumbai court on Tuesday that he is in Belgium undergoing treatment for cancer. Choksi’s counsel Vijay Aggarwal made this disclosure while contesting the demand of the probe agencies to declare him a fugitive…

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Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali Gems – ET Retail

Representative image The Mumbai bench of the National Company Law Tribunal has ordered the liquidation of fugitive diamantaire Mehul Choksi-promoted firm Gitanjali Gems. The tribunal has also appointed Santanu T Ray as the liquidator. The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over…

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