The notices, served under the Prevention of Money Laundering Act, were received by investors over the past fortnight, two persons familiar ...

Govt had merged the two private cos citing public interest

Clients can withdraw or transfer their securities or funds within 45 days, without any additional cost.

Reputation is an important factor for consideration of ‘Fit and Proper Criterion’

The ED, along with the Economic Offences Wing of the Mumbai Police, had registered a criminal case in 2013 under the PMLA to probe the NSEL...

The agency alleged that the accused persons in the said case hatched a criminal conspiracy to defraud investors.

The Bombay High Court upheld MCA order which directed the merger, ET Now reported.

In a written reply in Lok Sabha, he said probe has been ordered into the affairs of NSEL, FTIL, their 18 subsidiaries and associate compani...

Some of the 13,000 investors have received notices from the income-tax department seeking details, among others, of source of funds.

There are also complaints against some brokers that they created fake ledger accounts in the name of their clients without their knowledge,...

The protest will be carried out by members of associations like NSEL Investors Forum, NSEL Investors Action Group and NSEL Investors Justic...

Jignesh Shah is not involved in any matter related to NSEL and all recovery efforts of the bourse are managed by its revamped board of dire...

material witness, whose statement has been recorded by the investigating authorities — was instructed by Chaturvedi to make “motivated stat...

The concept of corporate entity was evolved to encourage and promote trade and commerce, but not to commit illegalities or to defraud peopl...

In a separate development, the NSEL Investors Action Group, spearheaded by Ketan Shah, one of the stricken investors, has written to Maria.

The Forward Markets Commission (FMC), the commodity derivatives market regulator, had recommended the merger of the two on August 18.

The ICAI, the licensing and regulatory body for accountants, is examining the role of auditors in the default at NSEL.