Bail or no bail: Nirav Modi's fate to be decided today by The Royal Courts of Justice in London

Nirav Modi

New Delhi, June 12: Today is an important day for Nirav Modi today as the London Court will deliver verdict today. The Royal Courts of Justice in London on Tuesday concluded the hearing of diamond merchant Nirav Modi's petition for bail in the extradition case against him.

The judge said the ruling, which is a matter of some importance would be delivered on Wednesday.

Modi was arrested in London on March 19 for allegedly duping Indias Punjab National Bank of more than Rs 13,000 crore. Modi's arrest had come days after an arrest warrant was issued by authorities in London.

He has been lodged at the Wandsworth prison in London since his third attempt at seeking bail was rejected during a hearing earlier this month at the Westminster Magistrates Court. On May 31, the court extended his custody till June 27.

The Indian government is trying its level best to bring him back.

With Agencies, Pic Google