MPID Court declares NSEL brokers as deposit taking institutions thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Noting that NSEL brokers have accepted money from investors and failed to repay them as promised by the brokers, the Maharashtra Protection of Investors' Deposits (MPID) court has declared 16 broking firms as financial establishments in the .