The National Company Law Tribunal has approved a ₹1,950 crore one-time settlement for 5,682 traders affected by the 2013 NSEL payment crisis, a saga connected to Jignesh Shah’s exchange ventures, offering relief after more than a decade.

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NSEL to pay Rs. 1,950 crore to traders under NCLT-approved settlement
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NSEL to pay Rs. 1,950 crore to traders under NCLT-approved settlement

The National Company Law Tribunal (NCLT), Mumbai, has approved the One-Time Settlement Scheme between National Spot Exchange Limited (NSEL) and traders