Firestone Trading News Today

The Debt Recovery Tribunal-I in Mumbai has put up a solar power plant belonging to a group entity of Nirav Modi, the absconder diamantaire, for auction in an attempt to recover a portion of his dues. The solar power plant, valued at Rs 12.40 crore, is located in Maharashtras Ahmednagar district. Additionally, Nirav Modis flat in Mumbai and two large land parcels will also be auctioned off.

Besides, the DRT-I plans to auction off two large land parcels belonging to Modi and his group company, Firestone Trading Pvt. Ltd. Both the land parcels are currently mortgaged with the Union Bank of India.

The Debt Recovery Tribunal-I has initiated an auction of a solar power plant owned by a group entity connected to fugitive diamantaire Nirav D. Modi

The Debt Recovery Tribunal-I here has put up a solar power plant belonging to a group entity of the absconder diamantaire Nirav D. Modi to try and recover a tiny portion of the whopping dues of over Rs 2,348-crore.

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Finding no takers for fugitive diamantaire Nirav D. Modi's one property, its price has been slashed and the DRT has ordered its re-auction, along with certain other prime assets, in one of the cases pertaining to the Punjab National Bank (PNB) ...

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The Debt Recovery Tribunal-I (DRT-I) has ordered the auction of a prime property belonging to absconder diamantaire Nirav D. Modi in one of the cases filed by Punjab National Bank (PNB) to recover a part of their whopping dues of more than Rs ...