Deepak Kuntawala declares bankruptcy

Tuesday 24th May 2016 17:34 EDT
 

British Asian business community in London was shocked to hear the news about the bankruptcy of Deepak Kuntawala aka DK of DVK Group.

The self-proclaimed hero ‘rescued’ over 150 Taj residents from the clutches of death by using bed sheets as rope! He even organised an event at Kensington Palace in London to raise funds to help Mumbai terror victims. It was attended by Bollywood stars, members of House of Lords, and even Prince Michael of Kent, Queen’s cousin.

DK runs several companies offering financing services to businesses and individuals, venture capitalists, etc. But  he was sued by Mr Jitesh Patel seeking £3.8 million. The court ordered a bankruptcy verdict on the self-employed businessman.


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