NSEL case: SC admits EOW's appeal against 63 Moons Technologies order

The Supreme Court on Tuesday admitted the Maharashtra state’s (Mumbai Police) appeal against the order of the division bench of Mumbai High Court, freeing attachment of properties of 63 Moons Technologies in the NSEL default case. 

The SC will hear the case on 27 November. However, the apex court has said that status quo will continue. When the state appealed against the HC order, it had not released the attachment, which now stays.  However, the SC has not put a stay on the HC order. 

On August 22, the Bombay High Court had struck down the Maharashtra government’s order for attaching properties