Nirav Modi Loses Before Europe Court; To Be Extradited To India Soon
Modi filed the plea before the ECHR in April 2026 after exhausting all legal options in the UK.
Fugitive businessman Nirav Modi has lost the final legal battle against his extradition before the European Court of Human Rights (ECHR).
The legal avenues available to Modi have now been exhausted and the UK can now proceed with his extradition.
Modi filed the plea before the ECHR in April 2026 after exhausting all legal options in the UK, following the UK's decision to hand over the documents to India for his immediate extradition.
The plea was filed before ECHR after the UK High Court refused him permission to challenge his extradition, holding that the assurances given by India regarding prison conditions and treatment were adequate.
Nirav Modi has been lodged in London's Wandsworth Prison since his arrest in March 2019 and is wanted by the CBI and the Enforcement Directorate (ED) in connection with the Punjab National Bank (PNB) fraud and money laundering cases.
The extradition process began in 2021 when Westminster Magistrates' Court approved India's request. The decision was subsequently upheld by the High Court. Modi is accused of fraudulently obtaining guarantees from Punjab National Bank, which were allegedly used to raise credit from overseas branches of other banks, with the funds routed through shell companies.
Just last month Modi suffered a fresh legal blow in the United Kingdom, with a London court ordering him to pay more than USD 10.7 million (over ₹100 crore) to Bank of India in a loan recovery dispute arising from a personal guarantee executed for a Dubai-based company promoted by him. The judgment, delivered by Justice Simon Tinkler in the London Circuit Commercial Court on Tuesday, held Modi personally liable for the dues of Firestar Diamond FZE, a Dubai-based entity of the Firestar Group that had defaulted on its repayment obligations.
The ruling marks a significant victory for Bank of India, which has been pursuing recovery proceedings against the fugitive diamantaire amid the wider fallout of the alleged Punjab National Bank (PNB) fraud case. According to the court, Modi is liable under the personal guarantee for the principal outstanding amount of approximately USD 4.1 million, together with applicable interest claimed by the bank. The total recoverable amount consequently exceeds USD 10.7 million.