On January 06, 2014 20:45 (IST)
The voluminous charge sheet included the list of attached properties of the arrested and wanted accused, frozen bank account details, information of physical stock available in the warehouses, statements of 297 witnesses, said Joint Police Commissioner (Crime) Himanshu Roy.
On November 20, 2013 00:09 (IST)
Mumbai police has attached 166 properties of defaulters it has identified in the Rs 5,600-crore scam at National Spot Exchange Ltd (NSEL), group company of Jignesh Shah-led Financial Technologies India Ltd (FTIL). It is also all set to attach immovable assets of NSEL directors, including Jignesh Shah and Joseph Massey, a senior police officer said ...
On October 24, 2013 00:44 (IST)
The metropolitan magistrate's court on Wednesday remanded N K Proteins Ltd managing director Nilesh Patel, one of the defaulters in the National Spot Exchange Ltd (NSEL) crisis, to police custody till October 28.
On August 26, 2013 22:03 (IST)
National Spot Exchange Ltd (NSEL) has lodged complaints against five defaulters, including N K Proteins, with the Economic Offences Wing as they have failed to meet Forward Markets Commissions (FMC) norms on adequate stocks in warehouses.
On August 23, 2013 13:39 (IST)
Crisis-hit National Spot Exchange Ltd (NSEL) has declared nine members (buyers) who failed to pay their dues on the first day of settlement on August 20 as 'defaulters', following directives from commodity market regulator Forward Markets Commission (FMC).
On August 28, 2013 16:07 (IST)
Commodity markets regulator Forward Markets Commission (FMC) has directed National Spot Exchange Ltd (NSEL) to declare members who have failed in making payments as defaulters and liquidate all their realisable assets.