Bombay HC summons Chidambaram, two IAS officers in 63 Moons defamation case

While Chidambaram is alleged to have framed policies supporting another commodity exchange, the two IAS officers are said to have helped create regulations beyond their jurisdiction to hurt FTIL

The Bombay High Court has ordered former finance minister (FM) P Chidambaram and two officers of the Indian Administrative Service (IAS) to appear before court. It asked for a written statement to be filed in 12 weeks in a Rs 10,000-crore defamation suit slapped by 63 Moons Technologies (formerly Financial Technologies (India), or FTIL) in the Rs 5,600-crore National Spot Exchange (NSEL) scam. 

The order was passed last week. The two IAS officers are Ramesh Abhishek, former chairman of the erstwhile commodities market regulator Forward Markets Commission and K P Krishnan, former officer in the finance ministry when Chidambaram was