Tuesday, August 18, 2020

NCLAT sets aside order against former PNB official in Nirav Modi case

In January 2019, the National Company Law Tribunal (NCLT) directed impleading 19 people, including the bank's former Executive Director K V Brahmaji Rao, in the case. There was also a direction to freeze their assets. The tribunal's ruling had come on a petition filed by the corporate affairs ministry.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/nclat-sets-aside-order-against-former-pnb-official-in-nirav-modi-case/articleshow/77613717.cms

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