Nirav Modi had made a last-ditch bail application in November last year with an "unprecedented" house arrest guarantee, akin to those imposed on terrorist suspects.
As part of the change in circumstances required for his fresh bail application, Modi's lawyers had offered to double the bail bond security offered to the court to GBP 4 million.
Choksi, the alleged partner-in-crime of his nephew Nirav Modi in the banking fraud, refused to say anything further on the issue, on the advice of his lawyers.
Earlier this year, allowing the plea of the govt, the NCLT had injuncted all companies and individuals from removal, transfer or disposal of funds and properties until its further orders.
A bench headed by Chief Justice Dipak Misra expressed strong displeasure over the allegations made in the petition against the Prime Minister and the Finance Minister.
PNB scam: Court orders issuance of non-bailable warrant against absconding diamond merchant Mehul Choksi
The chargesheet names managing director of Gitanjali group Mehul Choksi, former PNB managing director and CEO Usha Ananthasubramanian and two serving executive directors of PNB.
PNB scam: CBI may soon file charge sheet against those arrested; probe against Nirav Modi, Mehul Choski still on
The probe against those absconding, such as Modi, Choksi, and their relatives, is still on, and the agency may take time to finalise their roles in the case, officials said.
Central Vigilance Commission awaits detailed report; calls Punjab Natioal Bank auditors in fraud case
The watchdog asserted the need for strengthening the preventive vigilance mechanism, ensuring procedures were not just routinely followed but that the veracity of reports was verified.
The RBI sources said its officials are routinely "consulted" by other probe agencies and regulators to provide "clarity" on banking and other related policy matters under the central bank's domain.
A special court in Mumbai remanded former PNB official and key accused in the alleged multi-crore fraud case Gokulnath Shetty to Enforcement Directorate's custody till April 11.
With more bank default cases surfacing across the country for the past few months, the bank officials are more cautious while accepting business loan applications.
Punjab National Bank fraud: Completely defenceless due to exaggerated allegations, Mehul Choksi refuses to join CBI probe
Reiterating that it was "impossible" for him to return to India, Choksi said his health condition was not conducive and that his passport remained suspended.
As many as 107 companies and seven limited liability partnerships are under the scanner following the billion dollar scam unearthed by Punjab National Bank.
CBI had Tuesday informed the court it had added 'criminal breach of trust' charge to the case related to diamond trader Mehul Choksi's firms.
PNB has taken a series of measures to check misuse of SWIFT message platform allegedly used by Nirav Modi and his associates to defraud the bank of Rs 1,2967.86 crore, the Finance Ministry said.