The MD of ECL Finance Ltd along with three employees visited a police station in Navi Mumbai for questioning regarding a loan taken by Nitin Desai. | Mumbai news
Bollywood art director Nitin Desai was cremated with police honours after his death by suicide. The last rites were attended by prominent politicians and film personalities. Desai left behind messages that named four people and one firm.
Neha Desai, wife of art director Nitin Desai, has accused officials from Edelweiss of mentally harassing her husband to take over their studio. Desai owed Edelweiss ₹252 crore and had recorded audio notes claiming he was suffering from depression due to the pressure from Edelweiss. Five officials from Edelweiss, including Rashesh Shah, have been booked for abetment to suicide. However, a corporate lawyer stated that there are legal processes available to deal with loan defaults and that the lender s actions cannot be considered harassment. The police are currently investigating the case. | Mumbai news