NSEL scam: NCLT directs govt to put interim report on record

SFIO's report on FTIL, others to be submitted within 2 weeks

The National Company Law Tribunal (NCLT) has asked the central government to place on record an interim report by the Serious Fraud Investigation Office (SFIO) in connection with the alleged National Spot Exchange Ltd (NSEL) scam and related matters in two weeks. 

The report was with the Centre, counsel appearing for various parties said when the government’s petition against Financial Technologies (India) Ltd (FTIL) — now renamed 63 Moon Technologies — came up for hearing in the NCLT on Thursday. 

The hearing was adjourned to October 3 for arguments on the impleading petitions, while the final hearing is expected in the latter