{"id":912012,"date":"2025-03-07T07:25:14","date_gmt":"2025-03-07T01:55:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=912012"},"modified":"2025-03-07T07:33:49","modified_gmt":"2025-03-07T02:03:49","slug":"63-moons-agrees-to-one-time-settlement-of-rs-1950-crore-in-nsel-matter","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/07\/63-moons-agrees-to-one-time-settlement-of-rs-1950-crore-in-nsel-matter\/","title":{"rendered":"63 Moons agrees to one-time settlement of Rs 1,950 crore in NSEL matter"},"content":{"rendered":"<p>Technology firm 63 Moons has reached a settlement agreement with investors of the National Spot Exchange (NSEL) in the 2013 NSEL payments crisis case. The company will pay Rs 1,950 crore as a one-time settlement to resolve the matter. <\/p>\n<p>According to the NSEL Investors Forum, the terms of the agreement stipulate that 63 Moons will make the payment as a full and final settlement to the investors. In return, the investors will assign their claims against defaulters and other parties to 63 Moons.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technology firm 63 Moons has reached a settlement agreement with investors of the National Spot Exchange (NSEL) in the 2013 NSEL payments crisis case. The company will pay Rs 1,950 crore as a one-time settlement to resolve the matter. According to the NSEL Investors Forum, the terms of the agreement stipulate that 63 Moons will make the payment as a full and final settlement to the investors. In return, the investors will assign their claims against defaulters and other parties to 63 Moons.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-912012","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/912012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=912012"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/912012\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=912012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=912012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=912012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}