NSEL investors want assets of Shah, directors attached

National Spot Exchange Ltd investors are planning to move court for the recovery of their investments through the attachment of the personal assets of the exchange’s vice-chairman Jignesh......

NSEL defaults again, by a huge margin

In its fourth default, the crisis-ridden National Spot Exchange Ltd on Tuesday announced the disbursal of Rs 13.45 crore (Rs 134.5 million) to investors, against the total commitment of Rs 174.72......

Long battle awaits NSEL investors

In its first payout on Tuesday, National Spot Exchange Ltd (NSEL) was able to pay only half the money due to investors.While the NSEL Investors’ Forum is considering taking the legal route......

Who will foot the Rs 1,700-crore NSEL bill?

A forensic audit commissioned by the Forward Markets Commission has found National Spot Exchange Ltd gave away Rs 1,700 crore as returns during its life span. According to regulatory officials,......