Sterling Biotech

ICICI Bank-Videocon loan case: ED to widen probe into money laundering; Chanda Kochhar to be grilled again

Kochhar will soon depose before the agency as she has recently sought more time from the agency owing to some health issues and personal commitments, they said.

Sterling Biotech: NCLT reserves order on bankruptcy withdrawal as Madison Pacific Trust challenges bankers' plea

The NCLT asked the RP to explain on why he did not approach the bench after the proposal was rejected with 89 percent vote at the first meeting of the committee of creditors led by Andhra Bank.

Sterling Biotech Rs 8,100 cr bank fraud: ED claims Sandesara family misused public money to splurge on luxury watches, diamond jewellery, liquor

Sandesara brothers, Nitin, Chetan and his wife Dipti, are suspected to be hiding in Tirana, national capital of Albania

How can absconding promoters make one-time settlement offers, NCLT asks Sterling Biotech lenders

The four promoters of Sterling Biotech--Nitin Sandesara, Chetankumar Sandesara, Dipti Chetan Sandesara and Hiteshkumar Patel, are absconding and are facing extradition orders.

Sterling Biotech bank fraud case: Hitesh Patel arrested in Albania raised dummy companies with help of family members

Fugitive businessman Hitesh Narendrabhai Patel, wanted in the Rs 8,100 crore bank fraud involving Sterling Biotech and Sandesara Group, was running benami entities to siphon off loans obtained from financial institutions.

Sterling Biotech bank fraud case: Accused Hitesh Patel detained in Albania; to be extradited to India soon

Early this week, A Delhi court allowed the ED to send extradition requests to Republic of Albania against two directors of a Gujarat pharma firm Sterling Biotech in a Rs 8,100-crore money laundering case.

Delhi court allows ED to send extradition request for Sterling Biotech directors to Albania in Rs 8,100-cr fraud case

ED had registered the alleged bank fraud case against Sterling Biotech under sections of the Prevention of Money Laundering Act.

ED moves court seeking NBW against four directors of Sterling Biotech in Rs 5,000 cr case; hearing on 5 Jan

ED sought warrants against Sterling Biotech directors Nitin Jayantilal Sandesara, Chetankumar Jayantilal Sandesara, Dipti Chetan Sandesara and Hiteshkumar Narendrabhai Patel.

Enforcement Directorate moves court against Sterling Biotech Group promoters in Rs 8,100 cr bank loan fraud

ED has filed a plea before a special court of the Prevention of Money Laundering Act (PMLA), seeking to declare Nitin Sandesara, Chetan Sandesara, Dipti Sandesara and Hitesh Patel fugitives under Section 4 of the Fugitive Economic Offenders Act

Rs 5,000 crore bank fraud: CBI approaches Nigeria seeking information on fugitive businessman Nitin Sandesara

The move came after reports that Sandesara along with his family members, also accused in the scam, have fled from the United Arab Emirates to Nigeria