London Court Orders Nirav Modi To Pay Bank Of India Over USD 11.5 Million

Nupur Thapliyal

25 Jun 2026 12:13 PM IST

  • London Court Orders Nirav Modi To Pay Bank Of India Over USD 11.5 Million

    The High Court in London has held that fugitive diamond trader Nirav Modi is liable to pay over USD 11.5 million, including accruing interest on a personal loan guarantee, to Bank of India. In a ruling handed down at the London Circuit Commercial Court on Tuesday, Justice Simon Tinkler ruled in favour of the Bank of India and held that:“Modi was validly served with the October 2025 Demand....

    Nupur Thapliyal

    Nupur Thapliyal

    Nupur Thapliyal is a Principal Correspondent with LiveLaw, based in New Delhi. She reports from the Delhi High Court and trial courts in the national capital

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