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NSEL scam: 63 moons to move Bombay HC for defreezing bank accounts

To protest at the EOW move, the employees of 63 moons held a demonstration on Wednesday and gave petitions to the chief minister's office and to the commissioner of police

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(From left) Venkat Chary, chairman, 63 moons and S Rajendran, MD & CEO, 63 moons at a press conference in Mumbai (Photo: Kamlesh Pednekar)

Dilip Kumar Jha Mumbai

63 moons (earlier FTIL) is set to challenge at the high court here on Thursday the attachment of its bank accounts and Intellectual Property Rights (IPR) of its ODIN software.

The attachment orders, from the city police's economic offences wing (EOW), were a consequence of the long series of probes into the Rs 56-billion in payment defaults in 2013 at the National Spot Exchange (NSEL), of which FTIL was the parent entity.

"This order has tied our hands and feet, making us unable to fight for justice. Day-to-day legal expenses need to be borne by the company from the operational accounts. Without