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NCLT Mumbai approves one-time settlement scheme between NSEL and 5,682 traders
Updated On: 28 November, 2025 06:08 PM IST | Mumbai | A Correspondent
The Scheme of Settlement was put to a vote by the Hon’ble NCLT, wherein a whopping 92.81 per cent of traders by number and 91.35 per cent by value voted in favour of the One-Time Settlement
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This decision will bring major relief to traders whose funds were stuck in the NSEL payment crisis of July 2013. Representational Pic
The National Company Law Tribunal (NCLT), Mumbai, has approved the One-Time Settlement Scheme between National Spot Exchange Limited (NSEL) and traders on Friday.
NSEL, with the support of its parent company, 63 Moons Technologies Limited, had filed a Scheme of Settlement before the Hon’ble NCLT, Mumbai, for a one-time amicable full and final settlement with 5,682 traders.
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