New Delhi, Oct. 12 -- The Enforcement Directorate (ED) has secured a major breakthrough in the National Spot Exchange Limited (NSEL) case, with a special Prevention of Money Laundering Act (PMLA) court in Mumbai allowing the monetisation of attached properties worth Rs 3,464 crore to facilitate the restitution of Rs 1,950 crore to investors under a one-time settlement approved by the National Company Law Tribunal (NCLT).

The court issued the order on October 8 in the PMLA special case. The order is a significant step towards restitution to investors who have been awaiting recovery for the last 13 years since the payment default of 2013.

As per the ED, the restoration order provides that up to Rs 1,950 crore realised from the monetisatio...