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NCLT clears ₹1,950 cr one-time settlement for NSEL investors
November 29, 2025
|Business Standard
CREDITORS WILL WITHDRAW ALL CIVIL SUITS AGAINST NSEL AND 63 MOONS AFTER THE SETTLEMENT IS COMPLETED
The Mumbai Bench of the National Company Law Tribunal (NCLT) has approved a onetime settlement (OTS) scheme worth ₹1,950 crore proposed by National Spot Exchange Limited (NSEL) to resolve the decade-old payment crisis that affected over 5,600 investors.
The tribunal said the plan, backed by a majority of creditors, is “fair, reasonable, and not against public policy.”
The order is a step towards closure of the 2013 NSEL default case, a commodity market crisis involving a default of ₹5,402.71 crore by 24 trading members.
هذه القصة من طبعة November 29, 2025 من Business Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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