Indian Bank wins Rs 100-crore case against Nirav Modi

Indian Bank wins Rs 100-crore case against Nirav Modi

LONDON: A London High Court judge on Tuesday ruled in favor of Indian banks, detaining a fugitive diamond businessman Nirav Modi It does owe more than $10.7 million (a little over Rs 100 crore) to public sector banks.Simon Tinkler, delivering the judgment at the London Circuit Commercial Court on Tuesday, said: “Mr Modi paid the … Read more

Nirav Modi appears in person to fight Rs 100-crore Indian Bank case in London

Nirav Modi appears in person to fight Rs 100-crore Indian Bank case in London

TOI London correspondent: Fugitive Jeweler Nirav Modi On Monday, he appeared in person before the London Circuit Commercial Court to fight another legal battle – with Indian banks claiming over Rs 100 crore from him.He was a litigant himself until last week, but at the last minute hired a lawyer, Vivek Kapoor of Essex No. … Read more