Mumbai, March 3 -- The Bombay High Court on Monday directed the Maharashtra Anti-Corruption Bureau (ACB) to hold off on executing a Mumbai Sessions Court order that instructed it to register an FIR against former Securities and Exchange Board of India (SEBI) chief Madhabi Puri Buch and Bombay Stock Exchange (BSE) officials over allegations of market manipulation and corporate fraud, media reports said.
The court granted this temporary relief until Tuesday, reported India Today.
A single-judge bench of Justice Shivkumar Dige issued the directive.
Justice Dige acknowledged their concerns and agreed to hear the matter on Tuesday, instructing the ACB not to proceed with any action until then.
What is the fraud case about?
The Sessions Co...
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