Jignesh Shah: Decades Of Battling But Truth Finally Prevails
After more than a decade of battling rivals and regulators, star innovator and founder of 63 moons tech, Jignesh Shah, is rising and shining again. Finally, we can say that truth has prevailed in his case and Jignesh shah is finally getting justice in one case after the another that was pressed against him and his companies by way of executive actions without evidence. As they say, true leaders are always committed to rise and that’s what is happening in Jignesh Shah’s case. Many vested interests tried to single out Jignesh Shah and throw him out from the exchange space by plotting and conspiring against him by creating the NSEL payment crisis. Although the entire money trail of Rs 5600 crore was found with the 24 defaulters, and not a paisa was traced to NSEL, FTIL and Shah, he was targeted and vilified. His rivals pressed for the merger of NSEL with FTIL but the Supreme Court set aside the forced merger order saying it was not in public interest. In another judgment, the Bombay High Court has also declared that attachment of assets of 63 moons technologies undedr the MPID is completely illegal and should not be done as NSEL was never a Financial Establishment but was just a platform provided to buyers and sellers for transaction of commodities. After successfully fighting injustice, the visionary leader Jignesh Shah is about to start his new innings, and this time he is even more confident than ever, as all lies against him are being nailed one after another by the judiciary. Talking about his future plans and about his second innings, Jignesh Shah in a recent interview said that this time he wants to focus on start-up ecosystem, since he believes that startup ecosystem wouldn’t be restricted to any exchange or marketplace at all. He said that his focus will be more on nurturing and inspiring entrepreneurs on varied scales including agriculture, genetics, robotics. This time he wants to play the role of a coach because he feels that it will be a diverse structure with an understanding of entrepreneurship.