Stock market fraud case: Bombay HC grants relief to ex-Sebi chief Buch, halts ACB action until March 4
Monday, 3 March 2025
The Bombay High Court granted relief to former SEBI chairperson Madhabi Puri Buch and five other officials, instructing the ACB not to file an FIR against them until March 4. This follows a special court's order based on a complaint of regulatory lapses during a 1994 company listing. SEBI and BSE have dismissed the allegations as unfounded.
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