Gitanjali Group News Today

Other accused in the case are Digvijay Jadeja, then franchisee owner of Divyanirman Jewellers; Mehul Choksi, then managing director of Gitanjali Group; Aniyath Shivraman Nair, director of Gitanjali Group and Chetna Jayantilal Zhaveri, director of Gitanjali Group.

Justice Sandeep Bhatt refused to even consider the plea filed by Choksi in the matter, stating that he has no regard for the laws of the country.

The Gujarat High Court dismissed a petition by fugitive businessman Mehul Chinubhai Choksi, former chairman and managing director of Gitanjali Gems, seeking to quash a First Information Report (FIR)...

​​ The city crime branch registered the FIR in 2017 after a woman filed a complaint that she had invested some money through a franchisee of Gitanjali Jewellery here, but the franchisee shut down and she lost her investment. Digvijay Jadeja, owner of the franchisee Divyanirman Jewellers; Choksi in his capacity as managing director of Gitanjali Group, and two directors of Gitanjali Group were named as accused in the case.

Gujarat HC dismissed a petition filed by fugitive businessman Mehul Choksi seeking to quash a FIR registered against him.

Indias Biggest Bank Frauds: Mehul Choksi, a fugitive diamantaire, is at the top of the list of Indias worst willful defaulters after defaulting on loans totaling Rs 7,848 crore.

Punjab National Bank (PNB) CEO Atul Kumar Goel has revealed that the bank plans to recover Rs 50-100 crore from bank accounts associated with Nirav Modi, who siphoned off Rs 14,000 crore from PNB in connivance with some bank officials. Earlier, PNB unearthed that Modi and companies associated with him colluded with some of its officers and had fraudulently acquired guarantees worth Rs 11,400 crore to obtain loans from the overseas branches of Indian claiming to need the cash to import pearls.

The Red Notice was issued against Mehul Choksi in December 2018 on a request from the CBI and Enforcement Directorate.

The international police agency Interpol has revoked the red corner notice (RCN) alert against Mehul Choksi,

The CJ said that the CBI would have to pay its counsel despite the matter being adjourned and hence said that the cost is to be paid to the central agency.