MCX wins big: Five years after historic oil crash, Bombay HC rules Multi Commodity Exchange of India acted within rules

$MCX News Today: The Bombay High Court has ruled in favour of the Multi Commodity Exchange (MCX) in the case related to the negative crude oil pricing event of April 2020. The court observed that sophisticated traders assume market risks and cannot seek judicial relief for losses arising from unprecedented market events. What Happened in 2020?