The Bombay High Court stayed a special court's order for an FIR against ex-SEBI chairperson Madhabi Puri Buch and five others for alleged regulatory violations. Justice Shivkumar Dige highlighted the lack of specific allegations.

The single bench said the March 1 special court order was passed without attributing any specific role to the accused

The Bombay High Court on Tuesday ordered a stay for four weeks a special court order seeking a First Information Report (FIR) against former Sebi chief Madhabi Puri Buch and five others for alleged stock market fraud and regulatory violations.

The Bombay High Court has stayed for four weeks a special court’s order directing the registration of an FIR against former SEBI chairperson Madhabi Puri Buch and five other officials over alleged stock market fraud and regulatory violations.

With Justice SG Dige of the Bombay High Court set to hear their petitions today, Mint breaks down the details of the case.

A special court in Mumbai had on March 1 directed the Anti-Corruption Bureau (ACB) to register an FIR against the accused. SEBI, BSE and others appealed against the order.

The Bombay High Court on Tuesday stayed a special court order to register a first information report (FIR) against against former Securities and Exchange Board

SEBI on Sunday said it will initiate appropriate legal steps to challenge the Mumbai court order, which has allowed launching an FIR against former SEBI chief Madhabi Puri Buch, three current Whole Time Members of SEBI and two officials of the BSE.

A special Anti-Corruption court in Mumbai on Saturday directed the registration of an FIR against top officials of the Securities and Exchange Board of India (SEBI), including former Chairperson Madhabi Puri Buch,

A Mumbai court ordered a First Information Report (FIR) to be registered against some top officials of the Securities and Exchange Board of India (SEBI) including former SEBI Chairperson Madhabi Puri Buch.