Mumbai Court Approves Auction of Mehul Choksi's Properties Worth Rs 46 Crore in PNB Fraud Case

Nov 09, 2025 02:16 pm CST

A Mumbai special court has authorized the valuation and auction of 13 unsecured properties linked to fugitive businessman Mehul Choksi, worth approximately Rs 46 crore. These assets include flats, commercial units, and silver bricks connected to Gitanjali Gems Ltd, the company central to the Rs 23,000 crore PNB fraud case. Meanwhile, Choksi has challenged his extradition ruling in Belgium's Supreme Court.