{"id":306812,"date":"2018-12-10T07:38:07","date_gmt":"2018-12-10T07:38:07","guid":{"rendered":"http:\/\/tehelka.com\/?p=306812"},"modified":"2018-12-10T07:38:07","modified_gmt":"2018-12-10T07:38:07","slug":"drt-serves-notice-to-nirav-modi-family-to-recover-rs-7000-crore","status":"publish","type":"post","link":"https:\/\/tehelka.com\/drt-serves-notice-to-nirav-modi-family-to-recover-rs-7000-crore\/","title":{"rendered":"DRT serves notice to Nirav Modi, family to recover Rs 7,000 crore"},"content":{"rendered":"<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-299621 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2018\/06\/nirav-modi-1-300x274.jpg\" alt=\"\" width=\"473\" height=\"432\" srcset=\"https:\/\/tehelka.com\/media\/2018\/06\/nirav-modi-1-300x274.jpg 300w, https:\/\/tehelka.com\/media\/2018\/06\/nirav-modi-1-460x420.jpg 460w, https:\/\/tehelka.com\/media\/2018\/06\/nirav-modi-1.jpg 695w\" sizes=\"(max-width: 473px) 100vw, 473px\" \/><\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The Debt Recovery Tribunal (DRT) on Monday served notice to fugitive jeweller Nirav Modi, his family members and his companies to recover over Rs 7,000 crore owed to the Punjab National Bank (PNB).<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The notice by the DRT-1 Registrar, A. Murali, came six months after the beleaguered PNB in July had moved the tribunal to recover around Rs 7,029 crore.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">As per the notice, the accused-defendents\u00a0Nirav Modi\u00a0and others have been barred from disposing off, transferring, or entering into any transactions pertaining to the secured properties.<\/span><\/p>\n<p style=\"font-weight: 400; text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The time they have been allowed is till January 15, 2019, to reply to the DRT notice, failing which the PNB plea would be decided on the bank&#8217;s favour.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Debt Recovery Tribunal (DRT) on Monday served notice to fugitive jeweller Nirav Modi, his family members and his companies to recover over Rs 7,000 crore owed to the Punjab National Bank (PNB). The notice by the DRT-1 Registrar, A. Murali, came six months after the beleaguered PNB in July had moved the tribunal to [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":299621,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[10188,541,542],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/306812"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=306812"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/306812\/revisions"}],"predecessor-version":[{"id":306813,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/306812\/revisions\/306813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/299621"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=306812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=306812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=306812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}