Nirav Modi case: Ex-PNB chief Usha Ananthasubramanian approaches NCLAT

The appellate tribunal had directed to list the matter on April 29 for next hearing.

Mehul Choksi given time till October 30 to file reply to ED plea

The law is aimed at deterring economic offenders from evading the process of law by remaining outside the jurisdiction of Indian courts.

According to reports, Choksi fled India on January 4 this year and took oath of allegiance in Antigua on January 15.

In February, PNB detected fraudulent transactions at one of its branches in Mumbai.

In fact, the amount of fraud being talked about in the PNB case is just three days of interest of the country’s banking sector, he said.

Limosin said that the investigating officers wanted to confront Shetty with important leads that are emerging during the investigation.

For instance, India had concluded a MLAT with the Hong Kong Special Administrative Region of China in 2009.

The court on Tuesday had asked the lawyer to first prove his locus and after that only the court will allow him to argue on behalf of Modi.

When Raghuram Rajan exposed financial frauds before the country, he was removed as the RBI governor.

Two PNB employees and authorised signatory of Modi arrested.