Nirav Modi Faces ₹100 Crore Payout Order In UK Court

A London High Court ruled that Nirav Modi must pay over $10.7 million (₹100 crore+) to Bank of India under a personal guarantee for a 2012 loan to Firestar Diamond FZE. The court rejected his claims over invalid notices and enforcement issues. Justice Simon Tinkler said Modi is liable for principal plus interest, marking a key win for the bank's recovery efforts.