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Proceeds from sale of London property of Nirav Modi should go to Indian Government

08 Apr 2024 2 min read
Proceeds from sale of London property of Nirav Modi should go to Indian Government

In a significant development under the Fugitive Economic Offenders Act, a special court in Greater Mumbai has issued a crucial modification to a previous confiscation order concerning assets related to the case of Nirav Deepak Modi, a declared Fugitive Economic Offender. Details of the Case: 1. Background: The Enforcement Directorate had filed an application under Section 4 read with Section 12 of the Fugitive Economic Offenders Act, 2018, seeking to…

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