New Delhi, March 4 -- A former chairperson of the Securities and Exchange Board of India (Sebi), three current whole-time members (WTMs), a former BSE chairman, and the current BSE managing director and CEO have filed petitions challenging a Mumbai court's order that called for the registration of a first information report (FIR) against them over an allegedly fraudulent listing of a company on BSE.

Justice SG Dige of the Bombay High Court set to hear the petitions today.

Mint breaks down the details of the case.

The allegations are against former Sebi chairperson Madhabi Puri Buch; current WTMs Ashwani Bhatia, Ananth Narayan G, and Kamlesh Varshney; former BSE chairman Pramod Agarwal; and current BSE managing director and chief execut...