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SC agrees to $570mn settlement by Sandesaras in $1.6bn fraud case
short by Mansi Agarwal / on 24 Nov 2025,Monday
The Supreme Court has agreed to drop criminal charges against fugitive billionaire brothers Nitin and Chetan Sandesara in a $570 million settlement, Reuters reported, citing court filings. The brothers have been accused of defaulting on domestic bank loans worth $1.6 billion. The apex court has set December 17 as the deadline for payment.
short by Mansi Agarwal / 05:21 pm on 24 Nov
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