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New Delhi, April 14 (IANS) National Spot Exchange Ltd (NSEL) on Wednesday said NSEL Investors Forum (NIF) and its chief Sharad Saraf have tendered an unconditional apology in the Delhi High Court to 63 moons technologies and its founder Jignesh Shah and also agreed to withdraw the defamatory tweet and document maligning them.
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SC likely to hear NSEL plea on Tuesday
February 23, 2021
Exchange wants court to direct SAT to hear its intervention in commodity brokers ‘fit and proper’ appeal issue
The Supreme Court is likely to hear on Tuesday the scam-hit National Spot Exchange Ltd (NSEL) plea seeking a direction to the Securities and Appellate Tribunal (SAT) on its appeal in the “Not fit and Proper” case against certain leading commodity derivative brokers.
It may be recalled that the NSEL had knocked the doors of the apex court in December 2019 after the SAT declined on technical grounds the delay to entertain its intervention in the commodity brokers appeal against the “not fit and proper” order passed by SEBI.