PNB has claim on Nirav Modi's US assets, rules court
A bankruptcy court in the US has recognised PNB's claim on proceeds of any asset sold by US debtors of Nirav Modi's entities. The court also issued summons to Nirav Modi, Mihir Bhansali, Rakhi Bhansali, Ajay Gandhi and Kunal Patel in connection with $2.1-billion PNB scam. Mihir Bhansali was a senior official at Firestar International and Rakhi is Mihirâs wife.