Latest News on Sterling Biotech
Showing of 0 - 10 from 19 results
Sterling Biotech - Total results - 19
Jul 09, 2019
Gujarat govt cancels Dahej port contract given to absconding Sandesara brothers of Sterling groupThe absconding promoters of the Sterling group—Nitin and Chetan Sandesara—are alleged to have defrauded over Rs 14,500 crore of public money
Jul 01, 2019
Dino Morea, DJ Aqeel summoned by ED over Sterling Biotech bank fraud probe caseDino Morea and DJ Aqeel will be questioned about the circumstances of payments made out of the proceeds of crimes identified in the case
Jun 26, 2019
Sterling Biotech bank fraud case: ED attaches Sandesara brothers' assets worth over Rs 9,000 cr in India, abroadArray
Jun 07, 2019
ICICI Bank-Videocon loan case: ED to widen probe into money laundering; Chanda Kochhar to be grilled againKochhar 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.
May 02, 2019
Sterling Biotech: NCLT reserves order on bankruptcy withdrawal as Madison Pacific Trust challenges bankers' pleaThe 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.
Mar 28, 2019
Sterling Biotech Rs 8,100 cr bank fraud: ED claims Sandesara family misused public money to splurge on luxury watches, diamond jewellery, liquorSandesara brothers, Nitin, Chetan and his wife Dipti, are suspected to be hiding in Tirana, national capital of Albania
Mar 27, 2019
How can absconding promoters make one-time settlement offers, NCLT asks Sterling Biotech lendersThe four promoters of Sterling Biotech--Nitin Sandesara, Chetankumar Sandesara, Dipti Chetan Sandesara and Hiteshkumar Patel, are absconding and are facing extradition orders.
Mar 25, 2019
Sterling Biotech bank fraud case: Hitesh Patel arrested in Albania raised dummy companies with help of family membersFugitive 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.
Mar 22, 2019
Sterling Biotech bank fraud case: Accused Hitesh Patel detained in Albania; to be extradited to India soonEarly 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.
Mar 19, 2019
Delhi court allows ED to send extradition request for Sterling Biotech directors to Albania in Rs 8,100-cr fraud caseED had registered the alleged bank fraud case against Sterling Biotech under sections of the Prevention of Money Laundering Act.