• DRT directs Nirav Modi, partners to pay over Rs 7,200 cr

    DRT directs Nirav Modi, partners to pay over Rs 7,200 cr plus interest

    India | July 06, 2019 17:41 IST

    The Debt Recovery Tribunal here on Saturday directed fugitive diamond merchant Nirav Modi, who is currently lodged in a London prison, and his aides to pay more than Rs 7,200 crore with interest to the defrauded Punjab National Bank.

  • consortium of 17 banks files contempt application against

    Consortium of 17 banks files contempt application against Vijay Mallya

    January 07, 2015 12:37 IST

    Bengaluru: A contempt application was filed by a consortium of 17 banks in the Karnataka High Court today against liquor baron Vijay Mallya, his grounded airline Kingfisher Airlines and UBHL for allegedly violating an undertaking

  • govt to set up 6 debt recovery tribunals

    Govt to set up 6 Debt Recovery Tribunals

    December 11, 2014 11:57 IST

    New Delhi: The government on Wednesday approved setting up of six new Debt Recovery Tribunals (DRTs) to expedite cases pertaining to bad loans.The Cabinet has cleared setting up DRTs in Chandigarh, Bengaluru, Ernakulam, Dehradun, Siliguri

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