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NCLT clears ₹1,950 cr one-time settlement for NSEL investors
Business Standard
|November 29, 2025
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.
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