PNB fraud case: DRT issues notice to Nirav Modi, family for recovery of Rs 7,000 cr

Absconder diamantaire Nirav Modi, his family members and his companies were on Monday issued notice by the Debt Recovery Tribunal (DRT), for the recovery of over Rs 7,000 crore owed to the Punjab National Bank (PNB). According to the notice, the accused-defendents include seven individuals and nine group companies and all are barred from disposing off, transferring, or entering into any transactions pertaining to the secured properties.

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