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Under pressures from various quarters, the Edelweiss Financial Services Ltd (EFSL) has attempted to 'connect' a NCLAT verdict with the suicide of ace art director Nitin Desai -- both 24 hours apart.In a filing to the BSE on Sunday, the EFSL ...
The Raigad Police FIR in the Nitin Chandrakant Desai suicide case has accused the Edelweiss ARC officials of intimidating the ace art director with threats of Section 138 (cheque bouncing), EOW, NCLT and DRT and attempting to 'grab' his ...
A close associate rues that very few of those associated with Nitin Desai from Bollywood attended his funeral
Neha Desai, wife of art director Nitin Desai, has accused officials from Edelweiss of mentally harassing her husband to take over their studio. Desai owed Edelweiss ₹252 crore and had recorded audio notes claiming he was suffering from depression due to the pressure from Edelweiss. Five officials from Edelweiss, including Rashesh Shah, have been booked for abetment to suicide. However, a corporate lawyer stated that there are legal processes available to deal with loan defaults and that the lender's actions cannot be considered harassment. The police are currently investigating the case. | M...
India News: NAVI MUMBAI: The FIR registered by police on charges of abetment to suicide in art director Nitin Desai’s death names Edelweiss ARC’s (Asset Reconstru.