New Delhi: Amid the ongoing multi-agency probe into the ₹11,500-crore Punjab National Bank scam, the NCLT has restrained more than 60 entities, including Nirav Modi, Mehul Choksi, various individuals, companies and limited liability partnership firms, from selling their assets.
The National Company Law Tribunal (NCLT) gave the directions against Mr. Modi and Mr.Choksi, the alleged main perpetrators of the fraud, as well as their firms and relatives, among other entities, as per a public announcement by the Corporate Affairs Ministry.
The ex-parte order was passed on a petition filed by the Ministry under various sections of the Com panies Act, 2013.