On April 01, 2014 23:07 (IST)
In a relief to investors of the now defunct National Spot Exchange Ltd (NSEL), a special court trying the bourses Rs 5,600-crore payment crisis case, is likely to appoint a liquidator in a week's time, police said on Tuesday.
On January 06, 2014 22:17 (IST)
The other four named in the charge sheet are Amit Mukherjee, former NSEL vice-president (Business Development); Jay Bahukhundi, another ex-assistant vice-president; Nilesh Patel, managing director of NK Proteins Ltd; and Arun Sharma, Lotus Refineries...
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 Commission...
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 immovab...
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 October 23, 2013 09:34 (IST)
NK Proteins was the first company that had borrowed Rs 350 crore from the NSEL, said police adding that "now the company owes the spot exchange about Rs 850 crore to Rs 900 crore that includes the principal amount of Rs 350 crore, interest as well as...
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 ...
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.
On November 26, 2011 06:48 (IST)
Rasoya Proteins Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 27, 2011 to July 29, 2011 (both days inclusive) for the purpose of 19th Annual General Meeting (AGM) of the Company to be held on July 29, 2011.