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JIGNESH SHAH’s ENTREPRENEURIAL JOURNEY

Jignesh Shah is the founder and Chairman Emeritus, and Chief Mentor of 63 moons technologies limited (formerly known as Financial Technologies (India) Limited).

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JIGNESH SHAH’s ENTREPRENEURIAL JOURNEY

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  1. JIGNESH SHAH’S ENTREPRENEURIAL JOURNEY

  2. Jignesh Shah is the founder and Chairman Emeritus, and Chief Mentor of 63 moons technologies limited (formerly known as Financial Technologies (India) Limited). At a time when the Indian financial market infrastructure needed solutions for global integration and capacity building, along with bridging the rural-urban divide, it was the path-breaking vision of Jignesh Shah that went beyond the traditional market structure to set up world-class trading systems in India.

  3. HOWEVER, JIGNESH SHAH’S PROGRESS WAS LOOKED UPON AS A THREAT BY CERTAIN MONOPOLISTIC FORCES WHO ENVIED MR. SHAH. AND THESE FORCES JOINED HANDS WITH CERTAIN VESTED INTERESTS TO FORM AN UNHOLY NEXUS THAT CREATED AN ARTIFICIAL PAYMENT DEFAULT CRISIS AT ONE OF THE SUBSIDIARIES OF 63 MOONS THE NATIONAL SPOT EXCHANGE LIMITED (NSEL) IN 2013.THE ENTIRE MONEY TRAIL OF THE DEFAULT AMOUNT WAS TRACED TO THE 24 DEFAULTING ENTITIES BY THE INVESTIGATING AGENCIES, AND NOT A PAISA WAS FOUND WITH NSEL, FTIL AND ITS FOUNDER, JIGNESH SHAH. DESPITE THE WITCH HUNT, THE COMPANY IS EMERGING VICTORIOUS AS TRUTH EVENTUALLY PREVAILS!

  4. The Hon’ble Supreme Court set aside the forced merger of 63 moon with NSEL on 30th April 2019 i.e., almost after 6 years of NSEL crisis. While pronouncing the judgment, the Apex Court laid down the precise definition and the elaborate criterion for what constitutes public interest. ANOTHER BIG JUDGMENT HAPPENED VERY RECENTLY WHERE 63 MOONS WON MPID CASE IN BOMBAY HIGH COURT. HIGH COURT STATED THAT THE NSEL IS NOT A FINANCIAL ESTABLISHMENT AND HENCE NOTIFICATIONS FOR ATTACHMENT OF THE COMPANY’S ASSETS INCLUDING BANK ACCOUNTS AND PROPERTIES UNDER THE MPID ACT STAND QUASHED.

  5. JIGNESH SHAH IS QUITE HOPEFUL ABOUT THE RESOLUTION AS ALSO ABOUT PUNISHMENT TO ALL THOSE WHO WERE PARTY TO THE FRAUD, AS FEELS THAT THERE IS A CONDUCIVE POLITICAL ENVIRONMENT IN THE COUNTRY UNDER THE STRONG LEADERSHIP OF PRIME MINISTER NARENDRA MODI.

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