💨 Abstract

The SEBI announced on March 2 that it will challenge a Mumbai court order that allowed the launch of an FIR against former SEBI chief Madhabi Puri Buch, three current Whole Time Members, and two BSE officials. The Mumbai special court ordered an FIR over alleged financial fraud, regulatory violations, and corruption, pertaining to a 1994 fraudulent listing of Cals Refineries Ltd.

Courtesy: theprint.in

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