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Bombay High Court to hear Sebi, BSE's plea to quash FIR on 4 March

March 04, 2025

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The Statesman Kolkata

The Bombay High Court (HC) directed the state's anti-corruption bureau (ACB) on Monday not to act on the order of the ACB special court, which had ordered the filing of an FIR against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch, three current whole-time members of SEBI, as well as two officials of the Bombay Stock Exchange (BSE).

- STATESMAN NEWS SERVICE MUMBAI, 3 MARCH

The court acted after Buch, along with three whole-time SEBI directors Ashwani Bhatia, Ananth Narayan G, and Kamlesh Chandra Varshney, as well as two senior BSE officials, Pramod Agarwal and Sundararaman Ramamurthy, approached it, seeking to quash a special Anti-Corruption Bureau (ACB) court's order directing the police to register an FIR against them about an alleged fraudulent stock listing.

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