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

Last updated: 26 August 2020


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

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