Business Companies Legal

Modi relative Choksi surrendered his Indian passport and acquired Antigua

“Mehul Choksi has surrendered his Indian passport to the High Commission in Guyana,” sources said.   The development has been confirmed by high-level sources at India’s Ministry of External Affairs (MEA).   Choksi deposited his cancelled Indian Passport No. Z3396732 and a mandatory fee of $177 for the other formalities, as per IANS news agency. Read More…

Business Companies Legal Opinion

Modi says case used for Political purpose and so stay in India not safe for him

According to the Central Bureau of Investigation (CBI), Modi and his uncle Mehul Choksi cheated the Punjab National Bank (PNB) of Rs 14,000 crore by fraudulently securing Letters of Undertaking (LoUs) to obtain credit overseas.   However Fugitive diamond merchant Nirav Modi, a prime accused in the PNB fraud case, told a court in Mumbai Read More…

National Politics

Rahul Gandhi dropped another bombshell this time Jaitley

Congress president Rahul Gaandhi has launched a direct    attack on Finance Minister Arun Jaitley and demanded his resignation. In a tweet, Rahul Gandhi alleged that Arun Jaitley’s daughter was on the payroll of fugitive businessman Mehul Choksi. However, the finance minister sat on the file and allowed Mehul Choksi to flee the country, Rahul Read More…