The National Company Law Tribunal has sanctioned a ₹1,950‑crore one‑time settlement scheme to compensate 5,682 NSEL investors and close the decade‑old payment crisis. The plan, backed by a majority of creditors on pro‑rata terms, moves the case closer to resolution and also brings renewed scrutiny to ties with former NSEL promoter Jignesh Shah and related legal proceedings.
Know More At:- https://www.business-standard.com/industry/news/nclt-approves-1-950-crore-one-time-settlement-for-nsel-investors-125112801064_1.html
Know More At:- https://www.business-standard.com/industry/news/nclt-approves-1-950-crore-one-time-settlement-for-nsel-investors-125112801064_1.html
The National Company Law Tribunal has sanctioned a ₹1,950‑crore one‑time settlement scheme to compensate 5,682 NSEL investors and close the decade‑old payment crisis. The plan, backed by a majority of creditors on pro‑rata terms, moves the case closer to resolution and also brings renewed scrutiny to ties with former NSEL promoter Jignesh Shah and related legal proceedings.
Know More At:- https://www.business-standard.com/industry/news/nclt-approves-1-950-crore-one-time-settlement-for-nsel-investors-125112801064_1.html
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