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Nitin Desai died a day after NCLAT dismissed his plea

Tribunal order paved way for insolvency proceedings against ND’s Art World.

Karjat , Maharashtra , India , Dapoli , Mumbai , Big-boss , Shri-nitin-desai , Dhan-payo , Chuke-sanam , Jodhaa-akbar , Naina-desai , Rashesh-shah

Nitin Desai death case: Edelweiss CEO, Chairman seek protection from Bombay HC

Nitin Desai, who had defaulted on Rs 185 crore loans taken from a subsidiary of Edelweiss, was found dead at his ND Studio in Khalapur Raigad near Karjat on August 2.

Bombay , Maharashtra , India , Mumbai , Karjat , Naina-desai , Khalapur-raigad , Nitin-desai , Raj-kumar-bansal , Jitender-kothari , Devendra-fadnavis , Rashesh-shah

Edelweiss on Nitin Desai's death: 'No undue pressure, interest charged as per prevailing market rates'

Nitin Desai, who had taken a loan of about Rs 185 crore, was found dead at his Mumbai studio on August 2. Reports emerged saying that Desai was under pressure as he had defaulted on his loans.

Mumbai , Maharashtra , India , Ashish-shelar , Devendra-fadnavis , Nitin-desai , Rashesh-shah , Asset-reconstruction-company-pvt-ltd , Nd-art-world-pvt-ltd , Deputy-chief-minister-devendra-fadnavis , World-pvt-ltd , Reconstruction-company-pvt-ltd

No undue pressure was put on Nitin Desai over loan: Finance firm

On Saturday, police sent notice to the managing director of ECL Finance, seeking information on various aspects pertaining to loans sanctioned to art director Nitin Desai. The MD of the company was asked to be present at the police station to submit the information by August 8.

Mumbai , Maharashtra , India , Rashesh-shah , Nitin-desai , Shri-nitin-desai , Asset-reconstruction-company-pvt-ltd , Nd-art-world-pvt-ltd , Edelweiss-asset-reconstruction-company , World-pvt-ltd , Reconstruction-company-pvt-ltd , Asset-reconstruction-company