India Major victory for Punjab National Bank in US: Recovers Rs 24.33 crore in Nirav Modi case Updated : August 25, 2020 08:34 PM IST The ministry also has initiated proceedings for disgorgement of monies from the perpetrators promoted and/or controlled by Nirav Modi and Mehul Choksi. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.