Businessman Mehul Choksi has moved the Bombay High Court seeking that the proceedings initiated against him by the Enforcement Directorate (ED), which has sought that he be declared a fugitive economic offender (FEO), be kept in abeyance.

Choksi, an accused in the Punjab National Bank fraud case worth Rs 14,500 crore, moved the High Court through senior lawyer Vijay Aggarwal. The ED, in 2019, had moved an application before the PMLA court seeking that Choksi be declared an FEO under the Fugitive Economic Offenders Act, 2018.