Jignesh Shah
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MCX-SX scandal: CBI arrests FTIL promoter Jignesh Shah for alleged cheating, suppression of facts
Sep 20, 2016, 07:09 PM ISTCBI today arrested the promoter of FTIL Jignesh Shah in a case of alleged cheating and suppression of facts in getting SEBI extension to MCX-SX
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NSEL scam: Bombay HC grants bail to Jignesh Shah
Aug 23, 2014, 11:42 AM ISTMumbai: The Bombay High Court on Friday granted conditional bail to FTIL promoter Jignesh Shah, who was arrested in the Rs 5,574 crore National Stock Exchange Ltd (NSEL) scam.Shah - who spent over three months
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Sessions court hears Jignesh Shah's bail application
Jun 02, 2014, 10:19 PM ISTMumbai: The sessions court here today heard the bail application of MCX promoter Jignesh Shah and his aide, arrested in Rs 5,600 crore NSEL payment scam case.After hearing his lawyers, the court adjourned the case
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NSEL scam: Jignesh Shah, Javalgekar get judicial remand
May 19, 2014, 09:42 PM ISTMumbai: A sessions court today remanded MCX promoter Jignesh Shah and former managing director and chief executive of the commodity exchange Shreekant Javalgekar in judicial custody till May 31 in connection with the alleged Rs
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Investors demand case against Jignesh Shah to be fast tracked
May 08, 2014, 10:54 PM ISTMumbai: Aggrieved investors who termed Financial Technologies Chairman Jignesh Shah as India's biggest scamster, demanded here today, that the case against him should be fast tracked, so that he is convicted and his assets which
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Shah's arrest: NSEL Investors Forum hopes to get back money
May 07, 2014, 11:42 PM ISTNew Delhi: NSEL Investors Forum Wednesday hoped that the arrest of FTIL chief Jignesh Shah will help in early recovery of funds in the Rs 5,600-crore payment scam at the spot exchange.NSEL Investors Forum represents
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Jignesh Shah arrested in NSEL scam
May 07, 2014, 10:08 PM ISTMumbai: The Financial Technologies and Multi-Multi Commodities Exchange (MCX) promoter Jignesh Shah was arrested today by the EoW of Mumbai Police for his alleged involvement in the Rs 5,600-crore National Spot Exchange Limited (NSEL) scam.“We
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HC summons heads of FMC, ED to decide on sale of NSEL assets
Apr 30, 2014, 11:54 PM ISTMumbai: The Bombay High Court today asked the Chairman of Forward Markets Commission and Director of Enforcement Directorate to appear before it on May 7, so that it can take decision about the liquidation of
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NSEL settles Rs 330 crore of Rs 5,500 crore dues in 33 weeks
Apr 08, 2014, 11:29 PM ISTNew Delhi: Embattled spot commodity bourse NSEL has settled Rs 330 crore, or 6 percent of the amount due to investors since it suspended operations, missing its own deadline to clear payments.The National Spot Exchange
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NSEL scam: Liquidator likely to be appointed in a week
Apr 01, 2014, 09:44 PM ISTMumbai: In a relief to the investors of the now defunct NSEL, a special court trying the spot exchange's Rs 5,600-crore payment crisis case, is likely to appoint a liquidator in a week's time, police
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HC allows two weeks time to NSEL to intervene in PIL on scam
Mar 10, 2014, 10:33 PM ISTMumbai: The Bombay High Court today allowed two weeks time to National Spot Exchange Ltd to intervene in a PIL seeking transfer of probe by Mumbai Police to CBI into the alleged Rs 5,500-crore scam.A
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Sixth arrest made in NSEL scam
Mar 06, 2014, 10:54 PM ISTMumbai: The Managing Director of a top defaulting company linked to the Rs 5,600-crore payment crisis at the now defunct National Spot Exchange Ltd (NSEL) has been arrested, taking the number of those held in
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Swift action taken to stop NSEL spill-over crisis: Chidambaram
Feb 17, 2014, 04:16 PM ISTNew Delhi: Finance Minister P Chidambaram today said that the Government has taken “swift action” to ensure that the Rs. 5,600-crore payment crisis at NSEL does not spill over to other regulated segments of the
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NSEL Director Shah quizzed again; focus now on broking firms
Jan 08, 2014, 11:21 PM ISTMumbai: Jignesh Shah, promoter of scam-hit National Spot Exchange Ltd (NSEL), was today grilled by police for several hours even as the ongoing probe showed some broking firms and their directors had linked up with
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Rs 5500 cr NSEL scam: Bombay High Court clubs all PILs, hearing on Thursday
Jan 08, 2014, 06:43 PM ISTMumbai: Jignesh Shah promoted-Financial Technologies India Ltd today urged the Bombay High Court to grant temporary protection from the order of Forward Market Commission (FMC) seeking reduction of its shareholding in Multi-Commodity Exchange from 26
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Mumbai Police files chargesheet in Rs 5,600-crore NSEL scam
Jan 06, 2014, 11:19 PM ISTMumbai: The Mumbai Police today filed a 9,800-page chargesheet against five accused arrested in connection with the National Spot Exchange Ltd (NSEL) scam, which involves a payment default of Rs 5,600 crore.The voluminous charge sheet
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HC refuses to appoint court commissioner on NSEL plea
Dec 24, 2013, 07:50 PM ISTMumbai: The Bombay High Court today refused to appoint a Court Commissioner on a plea made by scam-hit NSEL as Rs 80 crore was expected to come in from the borrowers in the next few
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FMC finds Jignesh Shah,FTIL not fit & proper to run any bourse
Dec 18, 2013, 06:05 PM ISTNew Delhi: In a severe indictment, commodity market regulator FMC has said Jignesh Shah and his firm FTIL are not ‘fit and proper' to run any exchange in the country and charged him of being
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NSEL to get Rs 42.77 crore from P D Agroprocessors
Dec 11, 2013, 08:44 PM ISTMumbai: The troubled National Spot Exchange Ltd (NSEL), facing a payment crisis of Rs 5,600 crore, said today one of its defaulters P D Agroprocessors has agreed to pay Rs 42.77 crore in eight instalments.The
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NSEL defaults for 17th time; pays Rs 9 crore against Rs 174.72 crore
Dec 10, 2013, 11:08 PM ISTNew Delhi: Crisis-ridden bourse NSEL today paid about Rs 9 crore against the scheduled payment amount of Rs 174.72 crore, defaulting for the 17th straight time. With today's pay-out, NSEL has so far settled about