What Happened
Fugitive jeweller Nirav Modi appeared in a London court to contest a Rs 100 crore claim by Bank of India.
Why It Matters
The bank seeks repayment of a loan to his company, Firestar Diamond, for which Modi provided a personal guarantee.
Background Context
Fugitive jeweller Nirav Modi appeared in a London court to contest a Rs 100 crore claim by Bank of India. The bank seeks repayment of a loan to his company, Firestar Diamond, for which Modi provided a personal guarantee.
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Source: Times of India – Original Link
Source: Times of India
