Jignesh Shah, chairman emeritus , 63 Moons Technologies (formerly Financial Technologies India) has in his personal capacity petitioned the high court here against the First Information Report (FIR) registered by the Central Bureau of Investigation (CBI) against him for getting a licence for the Multi Commodity Exchange (MCX) without allegedly having followed the procedures.
The petition also contests the CBI claim of a “windfall gain” made by 63 Moons between the in-principle and final approval for the initial public offering (IPO) of equity by MCX.
“I have challenged the FIR on two major grounds. We had obtained all necessary compliances required to