NCLT Mumbai orders liquidation of Mehul Choksi-promoted Gitanjali Gems

This is the second company with Choksi as promoter to be admitted for liquidation. The first was Nakshatra World, another jewellery retailer that was admitted into liquidation in July 2021.
NCLT Mumbai Bench
NCLT Mumbai Bench

The National Company Law Tribunal (NCLT) at Mumbai on February 7 ordered the liquidation of Gitanjali Gems, a jewellery retailing company of which fugitive Indian businessman Mehul Choksi is the managing director.

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