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Mumbai police has filed a voluminous charge sheet in the National Spot Exchange (NSEL) default case against 63 accused, including 27 individuals, and 36 companies. The names include brokers for the first time, especially those whose executives were arrested in the past in this case.
NSEL, a spot trading exchange promoted by Financial Technologies (now 63 Moons Technologies), defaulted about Rs 56 billion in 2013 due to the non-payment of money by 24 clients on the exchange floor, hurting 13,000 investors.
The Economic Offence Wing (EOW) of Mumbai Police investigating the case said on Thursday that till now 32 persons have been
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