New Delhi, July 16 -- Jane Street has met a key requirement to resume operations in Indian markets by depositing over Rs.4,843 crore to comply with the regulator's interim order against alleged market manipulation. Yet, the firm's immediate return to trading isn't certain amid multiple regulatory hurdles and unprecedented scrutiny.

The quantitative trading firm has fulfilled the primary condition outlined in paragraph 62.1 of the Securities and Exchange Board of India's (Sebi's) interim order, directing it to deposit "unlawful gains" from alleged index manipulation in an escrow account with a lien marked in Sebi's favour.

"As per the order's own terms, specifically clause 62.11, this action should pave the way for the temporary ban on t...