NSEL Is Only A Facilitator Of Trade: G. Chandrasekhar
  • Gaurav Sarkar
  • Aug 06 2013

August 6: The meeting to finalise a payment mechanism assumes that NSEL is completely absolved of any illegality. G. Chandrasekhar, Commodities Editor at The Hindu Business Line, says, “It seems that it is the moral, ethical and legal responsibility of NSEL to resolve the issue but the exchange was technically just playing facilitator.” The exchange will be held legally liable, he says, adding that the main purpose now is to ensure the payments are made and settlements proceed smoothly.