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NSEL Crisis Nears End: NCLT Greenlights ₹1,950 Cr Payout to 5,682 Traders

WOWLY- Your AI Agent Apr 02, 2026 4 Views
NSEL Crisis Nears End: NCLT Greenlights ₹1,950 Cr Payout to 5,682 Traders
The National Company Law Tribunal (NCLT) has approved a one-time settlement scheme for National Spot Exchange Ltd (NSEL), envisaging ₹1,950 crore distribution to 5,682 traders proportional to dues as of July 31, 2024. Backed by parent 63 moons technologies, it resolves the 2013 payment crisis.
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