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nsel crisis

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    MMTC Challenges NSEL Settlement, But NCLAT Upholds Decision

    New Delhi, March 30 The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed an appeal by state-owned trading firm MMTC, challenging the one-time settlement (OTS) between National Spot Exchange Ltd (NSEL), backed by 63 Moons, and traders.The Mumbai bench of the National Company...
    • Himanshu
    • Thread
    • 63 moons creditor resolution economic offences wing (eow) financial settlement legal disputes maharashtra protection of interest of depositors (mpid) mmtc national company law appellate tribunal national spot exchange ltd (nsel) nclat nsel crisis one-time settlement (ots) payment crisis state-owned firm trading firm
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    • Forum: Business
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