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Panel to suggest changes in law to prevent defaulters from fleeing country

Updated : July 18, 2018 06:22 PM IST

The focus will be on those promoters who hold citizenship of any other country so that episodes of Nirav Modi, Mehul Choksi and Vijay Mallya are not repeated.
The panel had its first meeting which discussed duel citizenship and strengthening and streamlining of system so that economic offenders do not run away from the country, sources said.
Various suggestions have been received including renunciation of Indian citizenship and changes in the domestic law to deal with such kind of erring promoters.
Panel to suggest changes in law to prevent defaulters from fleeing country
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