NSEL E-Series Investors Raise Concerns
  • Elizabeth George
  • Sep 12 2013

September 12: Investors seeking redemptions in NSEL'S E-Series contracts over a month after trading in the contracts was suspended. Investors claim the exchange has delayed redemptions and continues to seek more time to deliver physical stock. In fact, sources indicate that despite repeated follow-ups with the exchange, it has failed to issue authorization letters to several clients. In its continuing coverage of the NSEL fiasco, Bloomberg TV India gives you the latest details.