The London court’s move is considered as a significant step towards Nirav Modi’s extradition from the United Kingdom, which India’s Enforcement Directorate has request from the country. The fugitive businessman is accused of defrauding Punjab National Bank of ₹13,000 crore.
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A UK court, on Monday, has ordered extradition of fugitive businessman Vijay Mallya to India to face trials on the charges of defaulting loans. He has also been granted 14-day period to appeal in a high court against his extradition.
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