NSEL
After exchanges, Jignesh Shah sees bigger opportunity in 'startup ecosystem'
"I want to be a coach now and nurture young entrepreneurs by putting in my entire experience, said Jignesh Shah.
SC sets aside govt’s forced merger of NSEL, 63 Moons
In February 2016, the MCA had passed a final order directing the merger of scam-hit NSEL with 63 Moons (FTIL).
Anand Rathi arm, Geofin Comtrade 'unfit, improper' for commodity derivatives brokers
On February 22, Sebi ruled that Motilal Oswal Commodities and IIFL Commodities were not "fit and proper" to be granted registration.
Commodity arms of Motilal Oswal, IIFL 'not fit and proper': SEBI.
Anand Rathi Commodities, Philip Commodities and Geofin Commodities are some of the top brokers who are being probed in the case currently.
Edelweiss, Kotak, JM Financials figure in NSEL case
These brokers were allegedly involved in illegal forward contracts at the NSEL in contravention of the Forward Contract Regulations Act.
NSEL scam: Bombay High Court issues notice to NSEL, FTIL for siphoning funds
NSEL and FTIL have been asked to submit their response by February 22.
NSEL faces HC music for diverting fund
When will the investors be paid this money remains a moot question as the repayment has become a huge conundrum.