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ED has asked HDFC Bank to freeze one current a/c: FTIL

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Press Trust of India New Delhi
Last Updated : Sep 28 2016 | 10:28 PM IST
Financial Technologies (India) Ltd today said the Enforcement Directorate has asked HDFC Bank to freeze a current account of the company.
"... 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.
Recently, FTIL changed its name to 63 moons but is still listed by its previous name.
According to the filing, the company is taking appropriate steps in consultation with its legal counsel.
Shares of the company rose marginally to close at Rs 85.10 on the BSE.
In the wake of nearly Rs 5,600 crore payment crisis, the National Spot Exchange Ltd (NSEL) -- part of Jignesh Shah-founded FTIL -- was closed down. In February this year, the central government ordered the merger of the bourse with the parent company and the decision has been legally challenged by FTIL.

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First Published: Sep 28 2016 | 10:28 PM IST

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