NCLT order frees assets of 60 parties in Gitanjali Gems case after SFIO drops charges

The SFIO dropped charges against 60 individuals and entities, including Nirav Modi's family and Punjab National Bank, in the Gitanjali Gems fraud case. Proceedings continue against Mehul Choksi and Nirav Modi. The NCLT lifted restrictions on the discharged parties' assets. Gitanjali Gems is under liquidation with liabilities exceeding ₹12,558 crore.