The National Spot Exchange Limited one-time settlement of ₹1,950 crore for affected investors has been approved, marking a major step toward resolving the decade-old payment crisis.
Know More At:- https://hindi.business-standar....d.com/markets/nsel-a
The National Company Law Tribunal (Mumbai) has approved a ₹1,950 crore one‑time settlement between National Spot Exchange Ltd (NSEL) and 5,682 traders affected by the 2013 payment crisis, allowing proportionate payouts and moving to close years‑long legal disputes tied to the scam.
Know More At:- https://www.livelaw.in/corpora....te-law/nsel-gets-ncl nod-for-rs-1950-crore-settlement-with-5682-traders-in-2013- scam-311560
The National Company Law Tribunal (Mumbai bench) has approved a ₹1,950 crore one‑time settlement scheme between National Spot Exchange Ltd (NSEL) and 5,682 traders affected by the 2013 scam, finding the proposal compliant with legal requirements and not against public policy.
Know More At:- https://www.livelaw.in/corpora....te-law/nsel-gets-ncl nod-for-rs-1950-crore-settlement-with-5682-traders-in-2013- scam-311560
NCLT has approved a ₹1,950 crore one-time settlement for 5,682 NSEL traders, helping resolve the long-pending 2013 payment issue.
Know More At:- https://www.livelaw.in/corpora....te-law/nsel-gets-ncl nod-for-rs-1950-crore-settlement-with-5682-traders-in-2013- scam-311560a
The NCLT has approved a ₹1,950 crore one-time settlement scheme for NSEL traders, bringing a major step toward resolving the long-pending dispute.
Know More At:- https://www.ptinews.com/story/....business/nclt-approv
