Report
Nirav Modi loses legal bid to block London apartment sale
The Economic Times reports that a UK court approved the sale of Modi’s luxury central London apartment, setting a minimum sale threshold of £3.75 million.
TLDR
The Economic Times reports that Nirav Modi lost his bid to block the sale of his London apartment. A UK court set a minimum sale threshold of £3.75 million. India’s Enforcement Directorate previously argued that the proceeds should be secured after the trust’s pressing liabilities were settled.
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