Bombay HC stays court's FIR order against ex-Sebi chief Madhabi Puri Buch

ByHT News Desk
03-04

This was because the single high court bench of Justice Shivkumar Dige noted that the order was passed mechanically without going into the details and also without attributing any specific role to the accused, according to a report by news agency PTI.

Also Read: Canada seeks court order to ensure Pornhub obtains consent for people featured on portal

“Hence, the order is stayed till next date,” the HC said. “Four weeks time is given to the complainant in the case (Sapan Shrivastava) to file his affidavit in reply to the petitions.”

All of this is regarding an order passed by a special court directing the Anti-Corruption Bureau (ACB) to register an FIR on the accused, due to an alleged fraud committed in 1994 while listing a company on the Bombay Stock Exchange.

Also Read: What's new with the 8th pay commission? By how much can central government employee salaries get hiked?

The accused included Buch, three current whole-time SEBI directors - Ashwani Bhatia, Ananth Narayan G and Kamlesh Chandra Varshney, as well as two BSE officials including Managing Director and Chief Executive Officer Ramamurthy and former chairman and public interest director Pramod Agarwal.

The special court's order was based on a complaint filed by Sapan Shrivastava, a media reporter, who had sought an investigation into the alleged offences which involve large scale financial fraud, regulatory violations and corruption, according to the report.

Also Read: Zomato CEO Deepinder Goyal adds this 4.6 crore gem to his luxury car collection | Details

However, the accused parties had filed for pleas seeking the order to be quashed, stating that the order was illegal and arbitrary.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10