Bombay HC Stays FIR against former SEBI chairperson Madhabi Puri Buch and others in stock market fraud case
The Bombay High Court stayed the order to register an FIR against former SEBI Chairperson Madhabi Puri Buch and others, citing lack of detail and evidence in the special court's ruling. The complainant has been given four weeks to file a response.
Relief for Madhabi Puri Buch & others for now; FIR filing on hold till next hearing
In a big relief to former SEBI chairperson Madhabi Puri Buch, other officials of the market regulator, and the current CEO and chairman of BSE, the Bombay High Court on Tuesday stayed a special court order directing the Anti Corruption Bureau (ACB) to register an FIR against them in a matter related to the alleged illegal listing of a company back in 1994.
The high court said that the special court has passed the order mechanically, without going into the details and without ...
A special court has ordered an investigation into allegations of financial fraud against the Securities and Exchange Board of ...
She had a pace that was hard to match and held an ambition that helped the Indian capital markets scale greater heights.
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