Nitin Desai death case: Role of creditors to be probed in Ni

Nitin Desai death case: Role of creditors to be probed in Nitin Desai death case, will inquire if he was under stress: Devendra Fadnavis

The role of a private lending firm that provided loans to renowned art director Nitin Desai is being probed following Desai's suicide. Maharashtra Deputy Chief Minister Devendra Fadnavis has said that the legal implications surrounding preserving or taking over N D Studio will be examined, and a thorough investigation will be conducted into the role of creditors and whether Desai was under pressure. ND's Art World borrowed Rs 185 crore through two loans from ECL Finance in 2016 and 2018, and defaulted on a INR252 crore loan according to an insolvency petition filed last week.

Related Keywords

Mumbai , Maharashtra , India , Varanasi , Uttar Pradesh , Delhi , Nitin Desai , Ashok Chavan , Rashesh Shah , Nitin Chandrakant Desai , Kaun Banega Crorepati , Jodhaa Akbar , Ashish Shelar , Edelweiss Group , Nd Art World Pvt Ltd , World Pvt Ltd , National Awards , Republic Day , Nitin Desai Death Case , Edelweiss , Nbfc , Send Studio , Devendra Fadnavis ,

© 2025 Vimarsana