RAPAPORT...  Kiran Jewels Inc. initiated a Chapter 7 involuntary petition today against retailer Dunkin's Diamonds Inc. of Ohio and Florida.

According to papers filed in the United States Bankruptcy Court for the Southern District of Ohio, Kiran stated the debtor had not paid for goods delivered. At press time there was no further information on the case. Dunkin's corporate offices were already closed for the day and its principal could not be reached at home.

Earlier this month, The Advocate (of Newark, Ohio,) reported that Dunkin's planned to close some stores, including one at the Indian Mound Mall.


NC