Jignesh Shah Wins With Utmost Faith In Truth & Indian Judiciary

63 moons technologies limited is one Indian company that has been a leader in providing technology-based innovations and platforms as well as solutions for digital markets. This has enabled the sector in price discovery and efficient transactions across industry segments, all thanks to the leadership of entrepreneur/innovator, Mr. Jignesh Shah.

 

Pegged as one of the fastest-growing financial technology leaders in the country, the company, successfully built a line of user-friendly financial platforms and digital marketplaces in India as well as abroad. This achievement has been able to place India on the global map of financial markets. So much so that certain monopolistic forces started perceiving this growth as a threat to their vested interests. This unholy nexus eventually premeditated a payment default crisis at the National Spot Exchange Limited (NSEL) in 2013.

Despite enough evidence of the entire money trail being traced to the 24 defaulters and not a paisa to the exchange, its parent company, that is 63 moons and its founder, Mr Jignesh Shah, have been at the receiving end of certain vengeful entities but ultimately truth has prevailed and the law of the land has proven supreme.

With the recent orders—the Supreme Court setting aside the forced merger of 63 moons with NSEL in April 2019 and the quashing of the attachment of assets of Mr. Jignesh Shah’s company in the NSEL case in August 2019—the truth has finally prevailed. Needless to say that the company is slowly and steadily winning the war that was waged against it six years ago under the garb of lies and propaganda.

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