NSEL crisis: Ministry probe finds corporate governance lapses

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An inspection by the Corporate Affairs Ministry has found that NSEL's board failed to perform their duties towards shareholders in violation of regulations, sources said. Reuters An inspection by the Corporate Affairs Ministry has found that NSEL's board failed to perform their duties towards shareholders in violation of regulations, sources said. Reuters
SummaryNSEL, part of Jignesh Shah-led Financial Technologies, is grappling with a Rs 5,600 cr payment crisis.
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