The role of a private lending firm that provided loans to renowned art director Nitin Desai is being probed following Desai s suicide. Maharashtra Deputy Chief Minister Devendra Fadnavis has said that the legal implications surrounding preserving or taking over N D Studio will be examined, and a thorough investigation will be conducted into the role of creditors and whether Desai was under pressure. ND s Art World borrowed Rs 185 crore through two loans from ECL Finance in 2016 and 2018, and defaulted on a INR252 crore loan according to an insolvency petition filed last week.