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Finablr, which includes the UAE Exchange, Xpress Money, Bayan Pay, Remit2India and Unimoni brands, has endured a torrid year linked to problems at Mr Shetty's companies that led to billions of dollars worth of undiscovered debts being uncovered.
Mr Shetty has claimed he is the victim of a fraud perpetrated by former managers, who forged cheques and other documents without his knowledge.
Finablr floated in April last year in a deal that valued it at £1.23 billion ($1.66bn), but its shares were suspended in March after the UAE Central Bank moved in to undertake direct supervision of its UAE Exchange business. In May, the group said investigators uncovered previously unreported debts of about $1bn, sparking a restructuring that led to its Travelex subsidiary being taken over by its lenders in July.

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