PNB scam: NCLT restraints sale of Assets

PNB scam NCLT restraints sale of Assets

The National Company Law Tribunal (NCLT) has restrained the sale of assets by Nirav Modi, Mehul Choksi and such entities involved. The order would help the government recover funds involved in PNB fraud. The next hearing has been scheduled on 26th of March. The Serious Fraud Investigation Office (SFIO) is also probing in the matter. The ministry has also issued ‘restraining order’ to 64 entities approximately.

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