 "Nirav Modi assets")
An auction of art, cars, sculptures, and valuables of diamond jeweller Nirav Modi, who is accused of bank fraud, which was set to be held on Thursday, has been postponed to March 5.
The delay comes under instructions from the Enforcement Directorate (ED) because a writ petition has been filed by Modi’s camp to halt the sale, said a source aware of the auction and its related proceedings.
The auction is being conducted by Saffronart on behalf of the ED, and was expected to generate around Rs 40 crore in proceeds. A separate ‘Spring Online Auction’ will take place as scheduled on
