India, April 2 -- The Bombay High Court on Tuesday extended by four weeks the interim stay on the order of a special court which had directed that a First Information Report (FIR) be registered against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five others for alleged stock market fraud and corruption.

The court took note of the affidavit filed by the complainant and granted time to Buch and others to study its contents. Scheduling the matter for further hearing on May 7, the single-judge bench of Justice Shivkumar Dige on Tuesday stated, "The interim relief granted earlier shall continue until further orders."

On March 1, Special Judge Shashikant Bangar had directed the Anti-Corruption Bureau...