SC dismisses MMTC appeal on NSEL's Rs 1,950 crore scheme

Economic Times - Oct 13, 2026

The Supreme Court dismissed the appeal filed by MMTC regarding a settlement scheme for creditors affected by the exchange's crisis. This ₹1,950 crore scheme had been approved by the National Company Law Tribunal last year. The approval was upheld by the National Company Law Appellate Tribunal on March 30. More than 90% of the creditors had approved the settlement scheme earlier in May 2025.

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