Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Put words in double quotes for exact word search, eg: "income tax"
  2. Avoid noise words such as : 'and, of, the, a'
  3. Sort by Relevance to get the most relevant document.
  4. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  5. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  8. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Expand ❯❯
Close ✕
🔎 News - Adv. Search
    Congress seeks court-monitored CBI probe into organic cotton 'scam' in MP
    Two village panchayats in Punjab's Faridkot pass resolution against same-village marriages
    Thailand, Cambodia trade fresh attacks, accusations as allies call for ceasefire
    Trump plays golfs in Scotland while protesters take to streets, decry his visit
    India will be Maldives' crucial partner: Prez Muizzu
    Senior Google executives meet J&K CM Omar Abdullah
    'Historic' FTA with Britain shows world's trust in India: PM Modi
    Himachal govt to auction securities worth Rs1,000 crore
    HIGHLIGHTS
    Centre planning dedicated cargo terminal in Thoothukudi: Union Minister Rammohan Naidu
    Voters in Taiwan reject bid to oust China-friendly lawmakers in closely watched poll
    Maintaining sustained growth top priority, says FM Sitharaman
    PM Modi inaugurates, dedicates to nation Rs 4,900 crore worth projects in TN
    Air India pays interim compensation to families of 166 Ahmedabad crash victims
    Exclusion of Aadhaar, ration cards in SIR 'patently absurd': Petitioner NGO to SC
    India-UK free trade agreement 'game-changing', every section stands to benefit: Goyal
    Trump plays golf in Scotland while protesters take to the streets and decry his visit
    Defence forces once waited for order from Delhi, now giving befitting reply: Nadda
    PM Modi departs for home after concluding visit to Maldives
    TMC MP accuses BJP-ruled states of harassing Bengali-speaking migrants

Are you sure you want to delete "My most important" ?

NOTE:

Back

All News

Showing Results for : Category : All
Reset Filters
Showing
Records
ExpandCollapse
    Back

    All News

    Showing Results for : Category : AllReset Filters
    Case ID :

    Actor Preity Zinta got Rs 1.55 cr remission on her loan she borrowed from New India Coop Bank: Cops

    March 27, 2025

    📋
    Contents
    Summary
    Note

    Note

    Note

    Bookmark

    print

    Print

    Mumbai, Mar 27 (PTI) The New India Co-operative Bank, which has been hit by a Rs 122 crore scam, had given a remission of Rs 1.55 crore to Bollywood actor Preity Zinta to settle her sanctioned loan of Rs 18 crore which it classified as a non-performing asset (NPA), police said on Thursday.

    The loan was sanctioned in 2011 and the actor settled it in April 2014, an official said.

    The Economic Offences Wing (EOW) of the Mumbai police is probing the New India Co-operative Bank embezzlement case. It has so far arrested eight accused in the case, including the bank's former general manager and head of accounts Hitesh Mehta, who was held on February 15. The agency has examined the data of the bank's NPA loans from 2010 onwards.

    "During the investigation, it was found that actor Preity Zinta had taken a loan from the bank. She was sanctioned a loan of Rs 18 crore on January 7, 2011," he said.

    "She had mortgaged her properties to the bank, which included a flat in Mumbai and a property in Shimla, collectively worth Rs 27.41 crore. In November 2012, she had to repay Rs 11.40 crore to the bank," the official said.

    On March 31, 2013, her loan account was classified as NPA due to non-repayment of it in time, and the NPA amount was Rs 11.47 crore, he said.

    "The bank then offered settlement of the loan by giving a remission of Rs 1.55 crore on the final settlement of the loan to her. The remaining loan amount was paid by the actor on April 5, 2014," the official said.

    Meanwhile, the EOW will conduct a brain mapping test on Hitesh Mehta, the prime accused in the case, on Friday at the Forensic Science Laboratory (FSL) in Mumbai's Kalina to collect more information about the money trail and involvement of other accused persons.

    The police had earlier conducted a polygraph test on Mehta, the official said.

    Former chairman of the bank Hiren Bhanu and his wife Gauri Bhanu are wanted accused in the case. PTI DC NP

    Topics

    ActsIncome Tax