India, Feb. 14 -- A court on Thursday allowed the auction of several residential and commercial premises owned by the Gitanjali Group, the now defunct jewellery company promoted by fugitive diamond trader Mehul Choksi, who is one of the prime accused in the Rs.13,850-crore Punjab National Bank (PNB) fraud.

The properties include seven residential flats in Kheni Tower in Santacruz, a commercial unit in Bharat Diamond Bourse in the Bandra Kurla Complex, and 15 office units and one shop in Surat's Diamond Park.

The special court for cases under the Prevention of Money Laundering Act (PMLA) directed the Enforcement Directorate (ED) to facilitate the auctioning of the unsecured properties after they are properly valuated. Unsecured propertie...