HC refuses to stay auction of paintings seized from Nirav
The Bombay High Court on Wednesday refused to stay the auction proceedings of some rare paintings seized by the Enforcement Directorate from the residence of fugitive diamond businessman Nirav Modi.The auction is scheduled for Thursday.A division bench of Acting Chief Justice B P Dharmadhikari and Justice N R Borkar was hearing a petition filed by the businessman’s son Rohin Modi, claiming that the paintings were owned by the Rohin Trust, of which he was a beneficiary, and not owned by Nirav Modi.Rohin Modi’s counsel Amit Desai argued that the paintings…
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