Oct 17, 2016 at 09:49 | Source: Moneycontrol.com
The initial probe in the case had revealed that some brokers involved in the NSELs Rs 5,574 crore payments crisis had mis-sold products. The investigations have concluded last month and the case has been referred to a bench under Section 11 (B) of SEBI, which protects the interest of market, says a Livemint report.
Oct 06, 2016 at 21:26 | Source: PTI
Crisis-hit Financial TechnologiesIndia (FTIL) today said the Enforcement Directorate hasdirected HDFC Bank to secure Rs 30.27 crore and then allownormal debit-credit operations in the current account.
Oct 05, 2016 at 13:56 | Source: CNBC-TV18
Market regulator Securities and Exchange Board of India (SEBI) may issue show-cause notices to five brokers in the NSEL case, according to people privy to the development, reports CNBC-TV18s Yash Jain.
Oct 05, 2016 at 09:10 | Source: PTI
Stepping up action in the Rs 5,600-crore NSEL money laundering case, the Enforcement Directorate had on September 30, 2016, attached assets worth Rs 1,170 crore of FTIL.
Oct 01, 2016 at 12:56 | Source: PTI
The agency said it has issued a provisional order under the Prevention of Money Laundering Act (PMLA), attaching bonds and securities worth Rs 1,065 crore (Rs 1,140 crore market value) and Rs 30 crore balance kept in a private bank in Mumbai of FTIL, now known as Ms 63 Moons Technologies Limited.
Sep 29, 2016 at 07:38 | Source: PTI
"... as informed by HDFC Bank to us, the Directorate of Enforcement, Mumbai, has requested HDFC Bank to provide the bank account statement of a current account of the company and requested the bank to provisionally freeze the said current account," FTIL said in a filing to the BSE.
Sep 25, 2016 at 16:00 | Source: PTI
Embattled Financial Technologies has told shareholders that it never got any money from NSEL's profit and also cautioned them against vested interests spreading rumours about the government order on merging the bourse with the company.
Sep 24, 2016 at 10:04 | Source: PTI
Kailash Agarwal, Director of Ludhiana-based ARK Imports, was arrested under the provisions of the Prevention of Money Laundering Act (PMLA) for allegedly not cooperating in the investigations in the case.
Sep 03, 2016 at 14:33 | Source: CNBC-TV18
Quoting sources, Yash Jain of CNBC-TV18 reports that the investors forum seeks judicial custody of Jignesh Shah alleging that he was aware of NSEL transactions.
Aug 06, 2016 at 18:37 | Source: CNBC-TV18
In a setback to Enforcement Directorate and a huge relief to Jignesh Shah, a PMLA court on Saturday granted bail to Shah in the NSEL scam, reports CNBC-TV18's Priya Sheth.