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NSEL case: P Chidambaram, 2 others to face Rs 10,000-crore lawsuits

The company has alleged three of them destroyed the exchange ecosystem to favour its competitors, resulting in huge losses for its shareholders

Brokerages face Sebi fire in NSEL scam
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Veena Mani New Delhi
63 Moons Technologies on Monday said it had served former finance minister P Chidambaram and two bureaucrats legal notices and would file Rs 10,000-crore damage suits against them in the Rs 5,600-crore National Spot Exchange (NSEL) case. 

The company has alleged three of them destroyed the exchange ecosystem to favour its competitors, resulting in huge losses for its shareholders.

The two bureaucrats concerned are Ramesh Abhishek, former chief of the Forward Markets Commission (FMC), and K P Krishnan, a former finance ministry official.

Abhishek is now secretary, Department for Promotion of Industry and Internal Trade, and Krishnan is secretary at

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