Nirav Modi's plea on fraud allegations rejected by UK court

A UK court has rejected a petition by fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.

A bankruptcy court in New York has dismissed a petition by fugitive diamond merchant Nirav Modi and his associates, seeking dismissal of fraud allegations against them.

The allegations were made by Richard Levin, the court appointed trustee of three US corporations--Firestar Diamond, Fantasy Inc and A Jaffe--indirectly owned by Nirav Modi previously.