This is the third such order in a span of about two weeks, with the total value of properties owned by Nirav Modi's companies being restored in this manner now standing at approximately Rs 1,000 crore
Nirav Modi and his uncle Mehul Choksi are accused of committing a Rs 14,000 crore scam by obtaining credit facilities fraudulently from the PNB, a public sector bank.
Choksi, 62, was given bail by Dominica High Court to travel back to Antigua for seeking medical help from a neurologist based there and return to face trial when given fitness clearance by his doctors
As per a local Antiguan newspaper, Choksi arrived in Antigua on a private plane and was met at the airport by representatives of the Ministry of Foreign Affairs.
Sheth was named as an accused in a supplementary charge sheet filed by the Central Bureau of Investigation in the case earlier this year.
The high court has granted a consent order permitting Choksi to go to Antigua, where he has been staying as a citizen since 2018 after he left India.
The case was filed against the immigration minister of the Caribbean nation, its police chief and the investigating officer of the case.
Choksi, who is currently in Dominica facing trial, went missing from Antigua on May 23 and was caught in Dominica. Meanwhile, Nirav Modi is currently held at Wandsworth prison in South London.
PM Roosevelt Skerrit said his government will allow the court to carry out its process regarding Choksi and gave the assurance that his rights and obligations will be respected.
The lawyer claimed that Choksi, 62, was lured to a villa in Antigua, then attacked and beaten, bound and gagged, tied to a wheelchair, then transported out to sea and onwards to Dominica.
The attached assets include properties worth Rs 969 crore located in foreign countries.
The ED has transferred shares attached by it (worth Rs 6,600 crore) to a State Bank of India-led consortium as per the order of the Prevention of Money Laundering Act Special Court, Mumbai.
Police custody has been changed to prison custody but he shall remain in hospital as his medical condition has deteriorated," lawyer Vijay Aggarwal said.
Choksi and his nephew Nirav Modi had fled India in the first week of January, 2018, weeks before the scam in the PNB rocked the Indian banking industry.
The CBI in its supplementary charge sheet has invoked Section 201 of the IPC among other charges which pertain to the destruction of evidence.