High Court Suspends FIR Against Former Sebi Chief Amidst Allegations ...Middle East

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In a significant decision, the Bombay High Court has placed a four-week stay on a special court order directing the filing of an FIR against former Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, and five other officials. The charges relate to alleged stock market fraud and regulatory violations stemming from a 1994 event.

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