Mumbai, March 2 -- A Mumbai special court has ordered the launching of an FIR against former SEBI Chairperson Madhabi Puri Buch and five others over alleged financial fraud, regulatory violations, and corruption, a court order showed.

An application was filed before the Special ACB Court in Mumbai by the complainant- Sapan Shrivastava, a Thane-based legal news reporter- seeking directions to the concerned police station for the registration of an FIR and investigation into alleged offenses committed by the accused, which includes Buch.

The complainant alleged a large-scale financial fraud, regulatory violations, and corruption.

The allegations pertain to an alleged fraudulent listing of a company on the stock exchange. It was alleged t...