Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of fugitive businessman Mehul Choksi to recover dues totalling Rs 5.35 crore. The latest decision has been taken after Choksi failed to pay the fine imposed on him in October 2022 by Sebi in a case pertaining to indulging in fraudulent trading in the shares of Gitanjali Gems Ltd. Choksi, who was the chairman and managing director as well as part of the promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi, both of whom are facing charges of defrauding state-owned Punjab National Bank (PNB) of more than Rs 14,000 crore.
Collingwood takes over after Chris Silverwood stepped down last week
The Government of Dominica has told a court there to reject the habeas corpus petition filed on behalf of businessman Mehul Choksi who had claimed that he was abducted and forcefully brought to the Caribbean island nation, local media reported. The high court of Dominica ordered that the businessman be produced in a magistrate court to answer charges of his illegal entry into the country and adjourned the hearing on the habeas corpus petition till Thursday, according to local media. Rejecting the submission of Choksi who is wanted in India in an alleged Rs 13,500 crore loan fraud case in Punjab National Bank, the prosecution said the habeas corpus petition does not stand as he had illegally entered the country and was subsequently detained.
Fugitive diamantaire Mehul Choksi, wanted in a Rs 13,5000-crore loan fraud in Punjab National Bank, has gone missing in Antigua and Barbuda where he had been staying since January 2018, the Royal Police Force of the Caribbean island nation said in a statement.
The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.
Sebi on Thursday sent a notice to fugitive businessman Mehul Choksi asking him to pay Rs 5.35 crore in a case pertaining to fraudulent trading in the shares of Gitanjali Gems Ltd and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days. The demand notice came after Choksi failed to pay a fine imposed on him by the Securities and Exchange Board of India (Sebi). Choksi, who was the chairman and managing director as well as part of promoter group of Gitanjali Gems, is the maternal uncle of Nirav Modi.
The ED has filed a fresh chargesheet against absconding jeweller Mehul Choksi, his wife Priti and others under the anti-money laundering law in connection with the over Rs 13,000-crore PNB loan fraud case, officials said on Monday. This is the first prosecution complaint filed by the central agency against Choksi's wife Priti Pradyotkumar Kothari. She has been charged by the Enforcement Directorate (ED) with "helping her husband in layering of the proceeds of crime".
India will be hoping to pull off a miracle on Sunday by surviving Australia's relentless bowling onslaught.
'My husband is no longer an Indian citizen. 'In 2017, he ceased to be an Indian citizen.' 'The safest place on earth for him is Antigua'
A Dominica Magistrate Court has adjourned till June 25 the hearing into alleged illegal entry of fugitive diamantaire Mehul Choksi into the Caribbean island nation, local media there reported. On Monday, the Magistrate Court was to start hearing the case of Choksi's "illegal entry" into the country on May 23 but he was a "no show", a media website Natureislenews reported. His legal team submitted a medical certificate from the doctors of Dominica China Friendship Hospital, where Choksi is being held, of "mental stress" and elevated blood pressure.
Diamantaire Mehul Choksi will "only" return to Dominica to face trial for illegal entry into that country when a doctor "certifies" that he is fit to stand trial, the media there reported citing conditions laid down by the Dominica high court while granting him bail. In a major setback to Indian efforts to bring him from the Caribbean country, Dominica high court Judge Bernie Stephenson allowed the businessman to return to Antigua and Barbuda, where he has been living as a citizen since 2018 after leaving India, to seek medical advice from neurologist Hayden Osborne at the Mount St. John's Medical Centre, Dominica News Online reported. Choksi is having a clot in brain besides other health issues such as diabetes and hypertension, his legal team has submitted.
The Eastern Caribbean Supreme Court in the High Court of Justice Commonwealth of Dominica on Friday put a stay on the repatriation of India-born fugitive Mehul Choksi from Dominica. "This order is to be served immediately on the defendants by email and fax and in person, and the head of immigration at the Douglas Charles airport by email and fax," read the court order. The court will hold the next hearing in the matter on May 28 at 9 am local time.
It was on this day in 2004 that former West Indies batsman Brian Lara registered the highest ever individual score in the history of Test cricket -- a record which still stands after 17 years.
Currently, Choksi has got interim relief from immediate repatriation to India by the Dominican court.
Dominica high court on Thursday adjourned the hearing on a habeas corpus petition filed on behalf of diamond trader Mehul Choksi, local media reported. Judge Bernie Stephenson will decide the next date of hearing after meeting both sides, Antigua News Room said. The adjournment is to allow lawyers for Choksi and the Dominica government "to agree on the language to be used with respect to the injunction filed to prevent his removal from Dominica", the media outlet reported.
West Indies were bowled out for 283 in their first innings but Australia opted not to enforce the follow-on after smashing a massive 598 in their own first innings.
Alleging that his arrest in Dominica for illegal entry was "dictated" by representatives of the Indian government, absconding diamantaire Mehul Choksi has filed a case in the high court of Roseau, seeking to quash the proceedings against him, local media there reported. The case was filed against the immigration minister of the Caribbean nation, its police chief and the investigating officer of the case. Choksi, who went missing from Antigua and Barbuda where he had been living since 2018 after his escape from India, was arrested on May 23 in neighbouring Dominica for illegal entry. He was declared a prohibited immigrant by the Ministry of Immigration in Dominica.
Former England captain Michael Vaughan praised India captain Yash Dhull, who scored a century to help his team rout Australia by 96 runs and to enter the final of Under-19 World Cup.
Images from the ICC Under-19 World Cup final.
Fast bowler Mark Wood has been ruled out of IPL 2022 and the remainder of England's tour of the West Indies due to an elbow injury.
Skipper Yash Dhull was all praise for his boys after India romped into the semi-finals of the Under-19 World Cup, saying the team stuck together to tide over a tumultuous phase following multiple COVID positive cases in the squad.
In a repeat of the 2020 final, India bowled first and dismissed the Tigers for 111 at the Coolidge Cricket Ground in Antigua and Barbuda before their batters chased down the modest target for the loss of five wickets.
India are placed fourth on the points-table with win percentage of 58.33.
Subhash Shankar Parab, a key accused in the Rs 7,000 crore diamantaire Nirav Modi bank fraud case, was "deported" from Cairo on Tuesday after a long diplomatic and legal process, officials said in New Delhi. A CBI team had gone to Egypt's capital to bring back 50-year-old Parab, who was allegedly kept in illegal confinement in a Cairo suburb by Modi, the fugitive diamantaire, they said. The CBI had been chasing Parab, deputy general manager (finance) in Modi's Firestar Diamond and understood to be a key witness to the Letters of Undertaking (LoU) submitted to the Punjab National Bank (PNB) to siphon off over Rs 7,000 crore, they said.
De Silva brought up his hundred with a boundary off Mohammad Nawaz and got good support from tailender Ramesh Mendis who remained not out on 45.
Bonner helped West Indies to a 62-run lead with a wicket in hand after Day 3 of the first Test against England
Two West Indies women cricketers -- Chinelle Henry and Chedean Nation -- collapsed briefly on the field in two separate incidents during the second T20 International against Pakistan here and taken to hospital where they were "stable".
An unbeaten century by England's Jonny Bairstow, his second in as many Tests, lifted the tourists back from the brink of disaster on the first day of their three-Test series against West Indies on Tuesday.
Joe Root compiled his second straight century, an unbeaten 119, as England batted their way to a commanding position in the second Test against West Indies in Barbados on Wednesday.
England fell short of victory as West Indies survived for a tense draw despite a top-order collapse on the final day of the first Test in North Sound on Saturday.
Choksi is wanted in India by the CBI and the Enforcement Directorate, which are probing the PNB fraud, the biggest banking scam in the country. India continues to pursue Choksi's return with the government of Antigua through diplomatic and legal channels.
The colts were given Rs 40 lakh each for their stellar achievement
Antigua and Barbuda received 1,75,000 doses of COVID-19 vaccines out of which 40,000 were donated to the country under the 'Vaccine Maitri' initiative.
Five India players who were infected with COVID-19, including skipper Yash Dhull, have recovered and are available for the Under-19 World Cup quarter-final against Bangladesh.
Spin all-rounder Fabian Allen smashed 21 off six balls to help West Indies beat Sri Lanka by three wickets and complete a 2-1 Twenty20 International series victory in Antigua on Sunday.
Fugitive Diamantaire Mehul Choksi who is held in Dominica after his mysterious disappearance from Antigua and Barbuda has alleged that his "friend" Barbara Jabarica was instrumental in his abduction which involved musclemen claiming to be Antiguan Police and mercenaries looking like Indians. The police have started the investigation after receiving a complaint from Choksi, Antigua Prime Minister Gaston Browne said.
Centuries by Shivnarine Chanderpaul and Dwayne Bravo helped break a world record on an otherwise dull fifth day of the drawn fourth and final Test.
Skipper Yash Dhull gave a glimpse of his rare talent with a well-paced hundred which guided powerhouse India into its fourth consecutive Under-19 World Cup final.
Finance Minister Nirmala Sitharaman on Thursday said that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi are "coming back" to India" to face the law.
The first day's play in the second Test match between West Indies and England was abandoned in Antigua on Friday because of an 'unfit and dangerous' pitch, match referee Alan Hurst said. West Indies bowlers were struggling to complete their run-ups because of sand on the ground used to plug holes in the outfield. England were seven for no wicket when play was halted.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances