Tribunal bars 64 entities from selling assets amid PNB fraud
The National Company Law Tribunal has passed an order barring 64 entities from selling their assets amid the ongoing probe into the alleged $2-billion PNB fraud. The entities include accused Nirav Modi, Mehul Choksi, their firms and relatives. The order was passed on a petition filed by the Corporate Affairs Ministry under various sections of the Companies Act, 2013.