The Securities Appellate Tribunal (SAT) has quashed an order passed by market regulator Securities and Exchange Board of India (SEBI) derecognising the Indian Commodity Exchange (ICEX).
The Supreme Court on Friday set aside the Bombay High Court order and upheld the decision of the Maharashtra government to attach properties of company 63 Moons Technologies.
The Supreme Court on Friday rejected the challenge against the constitutional validity of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) (MPID) Act, as it upheld the attachment of properties of 63 moons .
The Supreme Court on Friday upheld the Maharashtra governments order to attach the assets of 63 moons technologies under the Maharashtra Protection of Interest of Depositors (MPID) Act in the Rs 5,600 crore National Spot Exchange Ltd (NSEL) .
The Supreme Court on Friday upheld the Maharashtra governments order to attach the assets of 63 moons technologies under the Maharashtra Protection of Interest of Depositors (MPID) Act in the Rs 5,600 crore National Spot Exchange Ltd (NSEL) payment default case.