Maharashtra
Diamantaire Nirav Modi’s HCL House price slashed, DRT orders re-auction in Feb

Finding no takers for fugitive diamantaire Nirav D. Modi’s one property, its price has been slashed and the DRT has ordered its re-auction, along with certain other prime assets, in one of the cases pertaining to the Punjab National Bank (PNB) scam.
Last week, the DRT-I Recovery Officer Ajeet Tripathi put up the HCL House in Marol for e-auction — plus three other lots of properties — to recover a portion of the outstanding of a staggering Rs 22,13,16,39,411.
When it went on the block in September 2022, the unsold HCL House, comprising the entire building with the land, carried a reserve price tag of Rs 52 crore, which has now been slashed to Rs 40 crore, as per the DRT-I announcement.
Besides, the DRT-I has put on the auction block other assets of Modi, including Offices No. 2001-2002 on the 20th floor of the posh Peninsula Park B in Lower Parel with a reserve price of Rs 66 crore, plus over Rs 1.72 crore outstanding maintenance dues till December 2021.
Another property of Modi, the 6th floor of the Mafatlal Centre in Nariman Point along with four parking slots will also go under the e-hammer with a reserve price of Rs 62 crore, besides unpaid maintenance charges for five years coming to over Rs 1.17 crore till May 2022.
Modi’s huge residential 4-BHK flat in Grosvenor House at Peddar Road is going up for auction sale with a reserve price of Rs 15.87 crore, further details of which are not available. Modi also has another address in the prestigious Al Shera Towers, Dubai.
The encumbrances or outstandings on HCL House and Grosvenor House are not known and all the properties shall be auctioned off on the basis of ‘as is where is’ and ‘as is what is’.
The e-auction is scheduled for February 10 — a week after the DRT-I ordered the sale of Modi’s two tony flats in the YOOPUNE housing scheme in Pune, valued at a total of Rs 18 crore, on February 3.
In the fresh auction list concerning PNB versus Firestar International Ltd, the names figuring are Modi and his group companies like Bentley Properties Pvt. Ltd., MAK Business Enterprises Pvt. Ltd., ANM Enterprises Pvt. Ltd., NDM Enterprises Pvt. Ltd., Neeshal Trading Pvt. Ltd. — all operating from a common address at Opera House.
The other companies are: Firestone Trading Pvt. Ltd., Paundra Enterprises Pvt. Ltd. and Radashir Jewellery Co. Ltd. — all registered in a single address at the Bharat Diamond Bourse (BDB) in Bandra Kurla Complex.
The February 3 and 10 e-auctions may help the PNB and a consortium of around 15 banks to recover a miniscule portion of massive dues, pending since the past five years after the country’s mega-banking scam was admitted by these banks in February 2018.
After the PNB’s complaint on the scam, estimated at over Rs 14,000 crore, the Central Bureau of Investigation (CBI) registered the first offence in January 2018 — but by then Modi, his wife Ami and other accused had already fled India.
Later, other probe agencies like Enforcement Directorate (ED) and Income Tax Department (ITD) entered the picture targeting the two prime accused — Modi and his maternal uncle Mehul C. Choksi — but both had flown the coop well before the scam erupted to shake the roots of the Indian banking sector.
Later it came to light that Modi was holed up in London and Choksi has cosily settled as a citizen of Antigua & Barbuda Isles, West Indies, and both are awaiting their extradition to India — expectedly soon.
In the past, the ED-ITD had auctioned off certain movable and immovable assets — like properties, expensive paintings, artefacts, high-end vehicles, etc., — to recover small amounts of its dues.
“Proclamation of Sale under Rules 38, 52(2) of the Second Schedule of the Income Tax Act, 1961, read with the Recovery of Debts Due to Bank and Financial Institutions Act, 1993,” said the latest DRT-I order of January 5.
Maharashtra
Mumbai Police equipped with modern laboratories and technology: Chief Minister Devendra Fadnavis

Mumbai: Mumbai Police has equipped itself with modern technology to curb cyber crime and cyber fraud. Accordingly, Mumbai Police inaugurated three cyber labs including a forensic lab, a special van, an intercept van and other modern equipment at the hands of Maharashtra Chief Minister Devendra Fadnavis. Speaking on the occasion, Maharashtra Chief Minister Devendra Fadnavis said that the police has been modernized to curb cyber fraud and online fraud and the police will use these modern equipment to solve crimes ranging from cyber fraud to other crimes.
Fadnavis said that the way incidents like digital arrests are happening today by fooling people online, the police has brought significant revolution in the investigation methods and other things to curb these incidents. He said that special help rooms have also been set up in police stations to help women, in which women will get immediate help. He said that a special van has also been prepared for women so that they can get immediate help. Mumbai Police Commissioner Vivek Pansalkar, Special Police Commissioner Devin Bharti, Joint Police Commissioner Satyanarayan Chaudhary and senior officers were present at the event.
Maharashtra
Bir Mecca Masjid bomb blast implementation of UAPA

Mumbai: Police has implemented UAPA Act in the Bir Ard Masla Mecca Masjid blast case. On the midnight of March 30, Vijay Agon and Shri Ram Ashok placed a bomb in the mosque and exploded it. This explosion was done with the help of jetliner and detonator. In this case, the police had earlier registered a case under Arms Act and other sections, but after that Muslim organizations had demanded to prosecute the accused under UAPA Act and NSA.
The Beed blast was investigated by the local crime branch, in which the crime branch found that the explosion was very powerful and detonators were also used along with jetliner rods. On this basis, UAPA Act has been implemented on the recommendation of the Crime Branch. Police have registered a case against both the terrorists under sections 16 and 18 of UAPA. Since the Beed blast, Maharashtra Anti-Terrorism Squad (ATS) is investigating it along with the police. The ATS is investigating the connection and financing of terrorists in this case, including how jetliner rods were made available to the accused and who provided them jetliner rods without license or permit. Along with this, investigation is also going on to find out how many more people and conspirators are involved in this case. ATS said that investigation is going on every aspect and point of the Beed bomb blast, however, ATS has so far questioned many people in this case, including family members and well-wishers of the accused as well as their friends and acquaintances. ATS is trying to uncover the conspiracy before the blast in the Beed Mecca Masjid blast case because before the blast, accused Vijay Agon had released a video and uploaded it on the status threatening Muslims to remove the mosque and only after that the blast took place here. The local police had also registered a case of spreading religious hatred against the accused a day earlier and the mosque was blown up the next day.
Crime
Actor Ajaz Khan’s Wife Fallon Guliwala Granted Bail in Drugs Case

Mumbai: Fallon Guliwala, wife of actor Ajaz Khan, who was arrested in November 2024 after narcotics were recovered from her residence, has been granted bail by a special court in Mumbai.
Guliwala had been in custody for over four months. The court has imposed certain conditions for her bail, including the submission of her passport, a restriction on travel, and mandatory attendance before the investigating officer three times a week until the chargesheet is filed.
Her lawyer, Ayaz Khan, argued that she was unaware of the recovered items and that she was not the only occupant of the premises. He also mentioned that the CCTV system was turned off during the raid, and no videography or photography was conducted.
Special Public Prosecutor Vibhavari Pathak opposed the bail plea, stating that a prima facie case existed against Guliwala.
Considering that the seizure process had already been completed, the court granted bail but with strict conditions.
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