The Maharashtra Protection of Interest of Depositors (MPID) court on Friday sent the three arrested broking firms' executives to judicial custody till March 20 in the Rs 5,600 crore scam at National Spot Exchange Ltd (NSEL).
Arrested on March 3 by the Economic Offences Wing (EOW) of the Mumbai Police, Amit Rathi, director of Anand Rathi Commodities and son of veteran broker Anand Rathi was sent for police custody first till March 7 which was later extended to March 13.
Officials of the other two brokerages - CP Krishnan, director of Geofin Comtrade, and Chintan Modi, director of India Infoline Commodities - were sent for police custody till March 13.
The EOW presented them before the court today who were later sent for judicial custody for a week.
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