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From The Economic Times

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PMLA court directs ED to monetise NSEL assets, distribute Rs 1,950 crore to 63 Moons under settlement scheme

PMLA court directs ED to monetise NSEL assets, distribute Rs 1,950 crore to 63 Moons under settlement scheme

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In a decisive ruling, a special PMLA court has instructed the Enforcement Directorate to sell off properties involved in the NSEL payment default saga. This decision permits 63 Moons Technologies to make a claim of Rs 1,950 crore from the proceeds. However, the distribution of these funds hinges on…

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