US court grants interim stay on debt collection against Firestar Diamond Nirav Modi

US court grants interim stay on debt collection against Firestar Diamond Nirav Modi

A US court today passed an interim order that prevents creditors from collecting debt from Nirav Modi-owned Firestar Diamond Inc which early this week filed for bankruptcy. Modi, who is being investigated for illegal transfer of over Rs 12,000 crore from Punjab National Bank, has a majority stake in Firestar Diamond and its other sister […]