NSEL crisis: FIR registered against Financial Technologies promoter Jignesh Shah

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NSEL has defaulted on six consecutive weekly payments to its investors. Reuters NSEL has defaulted on six consecutive weekly payments to its investors. Reuters
SummaryNSEL has defaulted on six consecutive weekly payments to its investors.

target="_blank">NSEL investors weren’t babes in the woods: FM Chidambaram

Somaiya has also alleged that government officials and politicians connived with NSEL to cheat investors.

There are 24 buyers/members who have to pay Rs 5,600 crore to the spot exchange for settling dues of the investors.

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