Mumbai court issues non-bailable warrant against Mehul Choksi in loan fraud case

A non-bailable warrant has been issued against Mehul Choksi, already arrested in Belgium, in connection with a Rs 55 crore loan fraud involving a Canara Bank-led consortium. The CBI alleges that Bezel Jewellery misused the loan, leading to significant losses for the banks. Choksi, also a key figure in the larger PNB fraud, is currently contesting extradition.