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NSEL Case: Mumbai PMLA Court Directs ED To Monetise Attached Assets For ₹1,950 Crore Payment To 63 Moons Under Creditor Settlement Scheme

NSEL Case: Mumbai PMLA Court Directs ED To Monetise Attached Assets For ₹1,950 Crore Payment To 63 Moons Under Creditor Settlement Scheme
Photo: Free Press Journal · view original

Mumbai: A special Prevention of Money Laundering Act (PMLA) court in Mumbai has directed the Enforcement Directorate (ED) to monetise properties attached in the National Spot Exchange Ltd (NSEL) payment default case and distribute Rs 1,950 crore from the proceeds to 63 Moons Technologies Ltd, whi...

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