The Debt Recovery Tribunal-I (DRT-I) in Mumbai has ordered the auction of a prime property belonging to absconder diamantaire Nirav D. Modi in one of the cases filed by Punjab National Bank (PNB) to recover a part of their whopping dues of more than Rs 2,133-crore.
On the very same day as the High Court issued notice, the Central Government published a notification charging the work of DRT-I to the Presiding Officer of DRT-II.