In December 2015, the Bombay Excessive Courtroom has given 45 extra days to the Ministry of Company Affairs (MCA) to move the ultimate order within the proposed merger of scam-hit Nationwide Spot Trade Ltd (NSEL) with its mum or dad Monetary Applied sciences (India) Ltd (FTIL). MCA must move the ultimate order by February 15, the court docket mentioned. Though MCA sought two months time, the Bombay Excessive Courtroom has
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