63 moons technologies

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63 moons technologies on Friday said it would challenge the Sebi order, which rejected its renewal application for providing STP Gate Services, and take appropriate legal action in the higher judiciary forum.

New Delhi, Dec 26 () Sebi today penalised 63 moons technologies, formerly known as Financial Technologies, as it failed to seek prior approval for the name change from stock exchanges.

New Delhi, Jun 27 () The National Company Law Appellate Tribunal today stayed the order of NCLT, which had rejected the government's plea to supersede the board of 63 moons technologies (formerly Financial Technologies).

The Securities and Appellate Tribunal (SAT) on Monday issued a notice to the Securities and Exchange Board of India (Sebi) in an appeal filed by 63 moons technologies limited against the formers order in the STP Gate matter.

The National Company Law Appellate Tribunal (NCLAT), on Thursday dismissed a plea of the Ministry of Corporate Affairs (MCA) to supersede the Board of 63 moons technologies limited (formerly known as FTIL) under Section 397 of the Companies Act, 1956.

Former Union finance minister P Chidambaram, facing a summons notice from the Bombay HC in a suit demanding Rs 10,000 cr in damages filed by 63 moons technologies, has sought from the company a copy of the plaint and other relevant documents. The HC, on July 24, directed Chidambaram and two bureaucrats to remain present in person or through their lawyers on Oct 15.

The Mumbai-based tech firm, which mainly provides next-generation technology ventures and solutions for creating digital markets and marketplaces that enable price discovery and transaction efficiencies across industry segments, would also offer efficient and high-value procurement and exchange proficiencies of revitalized goods and follow pan-European markets later, as per its regulatory filing to BSE today.

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to DHFL's lenders and its winning bidder Piramal Capital over a petition filed by 63 moons technologies challenging the resolution process of the debt-ridden firm.

The Securities and Exchange Board of India has penalized the Multi Commodity Exchange of India (MCX) with Rs 25 lakh for inadequate disclosure of substantial payments to 63 moons technologies. The penalty arises from a lack of transparency regarding payments for trading software services, specifically after delays in implementing a new platform by TCS.

The CBI told the Bombay high court on Monday that it was conducting a preliminary enquiry into the complaint filed by 63 moons technologies limited against former Union finance minister P Chidambaram and two other bureaucrats alleging abuse of official powers. CBI said that since the allegations pertain to 2012-13, it will take some time to recover relevant documents.

New Delhi, Aug 3 () 63 moons technologies, formerly known as Financial Technologies India Ltd, today said it will take "appropriate" steps as per the advice of its legal counsel in the matter related to insider trading in the company's shares.

63 moons technologies (formerly Financial Technologies) on Monday informed stock exchanges that the software support it provides to MCX, the largest commodities bourse in India, will be stopped from October 1 after its 10-year maintenance contract ends on September 30.

The tribunal has kept the SEBI order in abeyance. This, in effect, means that till the passing of a final decision by the SAT, the SEBI oirder will remain ineffective, 63 moons said in a statement.