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On Friday, NSEL Investors’ Forum, the representative body of about 13,000 investors of the beleaguered National Spot Exchange Ltd (NSEL), will hold a peaceful dharna before FT Tower, the iconic Financial Technologies (FT) building here, seeking early clearance of dues.
An FT board meeting is also scheduled for Friday.
Meanwhile, a sessions court on Thursday extended the bail plea of Arun Kumar Sharma, chairman and managing director of Lotus Refineries, till December 6. City-based Lotus Refineries is the ninth-largest defaulter in the NSEL payment crisis, with a total payment obligation of Rs 252.56 crore. The bail plea of ex-NSEL official Jai Bahukhandi, who allegedly received kickbacks, is scheduled for hearing in the sessions court on November 29.
An FT board meeting is also scheduled for Friday.
Meanwhile, a sessions court on Thursday extended the bail plea of Arun Kumar Sharma, chairman and managing director of Lotus Refineries, till December 6. City-based Lotus Refineries is the ninth-largest defaulter in the NSEL payment crisis, with a total payment obligation of Rs 252.56 crore. The bail plea of ex-NSEL official Jai Bahukhandi, who allegedly received kickbacks, is scheduled for hearing in the sessions court on November 29.
