 "Bank of Baroda")
Bank of Baroda is seeking to recover loans worth more than $250 million from NMC founder BR Shetty and his companies, as a court in Bengaluru barred him and his wife from selling or transferring some properties while it hears the case, a court document showed.
The 16 properties in several Indian cities including Bengaluru were among guarantees put up by Shetty and his wife against the Rs 19.13 billion ($253 million) in loans, according to a May 16 court order seen by Reuters. The court in Bengalaru set the next hearing in the case for June 8.
NMC, the largest private
