PNB hires lawyers for bankruptcy proceedings against Nirav Modi's US firm
Updated : April 08, 2018 06:19 PM IST
Firestar Diamond approached a bankruptcy court in New York court in February.
Mumbai branch of PNB had fraudulently issued LoUs for the group of companies.
PNB had issued as many as 1,590 LoUs to Nirav Modi, Mehul Choksi and their associates.