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'Nitin Desai started delaying loan repayment schedule from '18 end' | Mumbai News

On July 25, the Mumbai bench of the National Company Law Tribunal had initiated the Corporate Insolvency Resolution Process against ND’s Art World Private Limited in view of an outstanding debt of Rs 252.48 crore ....

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Nitin Desai Death: Art Director's Close Friend Makes BIG Revelations; Says, 'He Was Pressurised To…'

Nitin Desai Death: Art Director's Close Friend Makes BIG Revelations; Says, 'He Was Pressurised To…'
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Nitin Desai died a day after NCLAT dismissed his plea

Tribunal order paved way for insolvency proceedings against ND’s Art World. ....

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Nitin Desai death: 3 representatives of Edelweiss Group appear before Raigad police

The police on August 4 registered a criminal case against five persons, including Edelweiss Group chairman Rashesh Shah, for alleged abetment of Desai s suicide. ....

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Edelweiss on Nitin Desai's death: 'No undue pressure, interest charged as per prevailing market rates'

Nitin Desai, who had taken a loan of about Rs 185 crore, was found dead at his Mumbai studio on August 2. Reports emerged saying that Desai was under pressure as he had defaulted on his loans. ....

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