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PNB worried Nirav Modi won't pay up, chasing the bucks in US now

PNB has not been shown as a creditor in the bankruptcy documents filed in a New York court by three companies affiliated with Nirav Modi

Punjab National bank, PNB
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Punjab National Bank

BS Web Team
Punjab National Bank is worried that it wouldn't be able to recover its dues from diamantaire Nirav Modi. 

In a US court filing, it has requested that Nirav Modi’s Firestar Diamond and other firms should not be allowed to fast-track the sale of their assets, according to a report by the Livemint. PNB has suggested that the sale by Nirav Modi's firms could hurt the bidding process amid the Rs 140-billion scam at the bank and harm its chances of recovering money from the diamantaire.

PNB 'not' a creditor to Firestar: Last month, Firestar Diamond, a company owned by Nirav Modi,

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