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No undue pressure was put on Nitin Desai over loan: Finance firm

On Saturday, police sent notice to the managing director of ECL Finance, seeking information on various aspects pertaining to loans sanctioned to art director Nitin Desai. The MD of the company was asked to be present at the police station to submit the information by August 8. ....

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Nitin Desai Suicide: FIR Against Edelweiss Group Chairman, 4 Others; Firm Says 'No Pressure Exerted'

Desai took the names of the five people mentioned in the FIR in his audio recording and said that they wanted to usurp his dream studio ....

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Police Notice To ECL Finance Executive In Bollywood Art Director Nitin Desai Death Case

A financial executive of ECL Finance has been served notice by the police seeking information about loans given to Bollywood art director Nitin Desai, who died by suicide on Wednesday. ....

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Nitin Desai Suicide: 'Did Not Act Outside Legal Framework,' Says Edelweiss ARC

Nitin Desai Suicide: 'Did Not Act Outside Legal Framework,' Says Edelweiss ARC
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Nitin Desai Death By Suicide Case: Maharashtra police registers abetment to suicide case against 5 officials of ECL Finance

According to the police, a case of abetment to suicide under section 306 of the Indian Penal Code (IPC) was registered based on the complaint given by Desais widow, Neha. In her complaint Neha has alleged that Desai was "harassed by the officials to repay the loans availed by him". The police have also invoked section 34 ( common intention) of the IPC in the matter. ....

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