Tag: Nirav Modi case

MCA maiden success in recovery of $3.25 million in Nirav Modi case from USA

NEW DELHI: Punjab National Bank Ltd. (PNB) has informed the Ministry of Corporate Affairs (MCA) which spearheaded the corporate governance litigation in a foreign jurisdictional Court, that it has received $ 3.25 million (equivalent of Rs. 24.33 crore) as the first tranche of recoveries. Upon liquidation of the debtors’ assets by the US Chapter 11 […]

Back To Top