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Art director Nitin Desai was found dead on August 2. An audio note left behind by him blamed Rashesh Bansal and Raj Kumar Shah for his poor financial condition, according to the police.
Tribunal order paved way for insolvency proceedings against ND’s Art World.
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.