PNB loan default case: Supreme Court to hear plea against Nirav Modi

New Delhi : The Supreme Court will be hearing a plea against Nirav Modi, who is a prime accused in PNB loan default case, on February 23.

The plea was filed by lawyer Vineet Dhanda. In his PIL, he has sought action against the PNB top officials involved in the alleged 11300 crore fraud.

In the petition he has also asked Finance Ministry and Reserve Bank of India to frame strict guidelines for grant of loans above Rs 10 crores.

This is the second petition after advocate Manohar Lal Sharma, filed a petition in the top court seeking a Court-monitored SIT probe into the banking fraud.

Nirav Modi, on the other hand, has accused Punjab National Bank of tarnishing his image in public in a letter.

Niravi Modi and Gitanjali Gems Chairman and Managing Director Mehul Choksi, who are the main accused in the over Rs 11300 crore scam left India in January.