a special court under the Fugitive Economic Offenders (FEO) Act allowed the Enforcement Directorate (ED) to confiscate fugitive diamantaire Nirav Modi’s 39 properties worth ₹500 crores.
Additionally, nine properties worth Rs. 424 crore mortgaged or hypothecated in the Punjab National Bank were also allowed to be seized by the bank, a Times of India report said. Read More