NSEL Recover Group
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NSEL is committed to expedite recovery from the 22 Defaulting Members. The Exchange firmly believes that a combined effort by NSEL along with its Member Brokers and Trading Clients would expedite recovery.

NSEL Recovery Group has been setup to unite all interest groups, to emphasize its collective attention and resources, on recovery through peaceful and legal means. NSEL Member Brokers and their Trading Clients can join the NSEL Recovery Group and it does not constraint their right to be associated with any other forum/s or to pursue legal course.
The NSEL Recovery Group being formed post FMC’s revoking its MAC Committee
  • To oversee the recovery efforts being made by NSEL
  • To suggest additional measures for expediting recovery
  • To ensure transparent dissemination of most authenticated information related to NSEL recovery to Members and Trading Clients
Broker Members and Trading Clients of NSEL are invited to join the “NSEL Recovery Group” as “Member of the Advisory Board” or as “Volunteer”, please register by filling below form or mailing your Broker Code and Client Code (with broker) and Amount Due, to Recovery Team at recovery@nationalspotexchange.com