The Bombay High Court on Tuesday stayed a Mumbai sessions court order for four weeks that directed the Anti-Corruption Bureau to register an FIR against the former Securities and Exchange Board of India Chairperson Madhabi Puri Buch and five other SEBI and Bombay Stock Exchange officials in an alleged stock market fraud, regulatory violations, and corruption linked to the listing …
MUMBAI: The Bombay High Court has directed the state’s anti-corruption bureau not to act on the order of the special court to file FIRs against Madhabi Puri-Buch, the former Sebi chairperson, three current whole-time members of the regulator, and two top officials of the BSE. Puri-Buch, Sebi and the BSE moved the high court earlier in the day on Monday, …
