Nuvama Wins Supreme Court Appeals, Sets Aside ₹460 Crore Restitution Order

The Supreme Court allowed NCSL’s appeals in the Anugrah and Vrise matters, setting aside Committee and SAT orders requiring restitution of liquidated securities; the judgment removes potential exposure relating to securities valued at ₹460.32 crore. Context: clears the long-standing NCSL overhang.