Currently, Ministry of Corporate Affairs (MCA) and other departments are going through the minutes of the meetings which took place in the National Spot Exchange Limited (NSEL) and at Financial Technologies after the latter found out that something was wrong with the exchange.
Also read: EOW arrests NSEL's Amit Mukherjee, is Anjani Sinha next?
It will also assess the corrective action they took as the board of FTIL cannot completely distance itself from NSEL, government sources say.
A final view in this matter is going to be taken up only once the Registrars of Companies (ROC) and the Regional Directorate of Mumbai will finalise its report on the matter.
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FTIL board will have to be restructured: Govt sources
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