UK firm's India-origin directors disqualified on ₹250cr loss
Indian-origin directors of a number of hotel companies in UK have been disqualified from acting as directors for manipulating accounts and causing bank losses of $38 million (over ₹250 crore). Novtej Singh Dhillon and his former wife have been disqualified for 11 years and four-and-a-half years, respectively. The duo used companies for personal expenditures that were attributed to director loans.