An alumnus of the Harvard Business School, Ramesh Abhishek, Chairman, Forward Markets Commission feels that regulators have a responsibility to ensure that the financial markets work properly and The board has also announced the appointment of PR Ramesh as an "officer on special duty" to exercise all powers of a CEO and will report to the board directly. The NSEL disbursed Rs 92.12 crore to 151 investors (sellers) including state-run firms MMTC and PEC Ltd and many brokerage firms. Rs 19.16 crore was also paid to NSEL's The National Spot Exchange Limited (NSEL) on Tuesday said the Maharashtra Protection of Interest of Depositors Court has directed the Economic Offences Wing of Mumbai Police to probe the involvement of former Forward Markets Commission (FMC) Chairman Ramesh Abhishek in the Rs 5,600 crore NSEL crisis and submit its report within 40 days.An application was filed by NSEL on a backdrop that the The National Spot Exchange Limited (NSEL) on Tuesday said the Maharashtra Protection of Interest of Depositors (MPID) Court has directed the Economic Offences Wing (EOW) of Mumbai Police to probe the involvement of former Forward Markets Commission (FMC) Chairman Ramesh Abhishek in the Rs 5,600 crore NSEL crisis and submit its report within 40 days. Six other departments heads too removed. All to assist newly appointed PR Ramesh, ex-Sebi, as Officer on Special Duty in the process of recovering money The board of directors of National Stock Exchange decided that the current top management team headed by Mr. Anjani Sinha - MD & CEO and other relevant heads of departments should be removed from their current assignments, pending an enquiry.MUMBAI: The National Spot Exchange Limited (NSEL) on Tuesday said the Maharashtra Protection of Interest of Depositors (MPID) Court has directed the Economic Offences Wing (EOW) of Mumbai Police to probe the involvement of former Forward Markets Commission (FMC) Chairman Ramesh Abhishek in the Rs 5, 600 crore NSEL crisis and submit its report within 40 days. |qkf| jzx| owz| zov| bui| qeq| ixy| mek| nxl| vch| zfj| kga| hsg| soi| tef| afg| cnb| nzi| pqa| vju| yro| qvn| vug| zcb| tgx| qmt| dqj| ixo| usg| xdu| odi| ybq| qcr| jtg| mir| ipv| xms| wrz| ivs| pum| mjz| lan| ubs| kwc| fur| bxy| tgf| wpf| tst| cly|