ACB Court Allows Plea Against SEBI Chairperson, WTMs & BSE Officials Over Alleged Irregularities in 1994 Listing Approval
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- By Chetan Kulasri
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- Last Updated on 6 March, 2025
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PR No.11/2025, Dated: 02.03.2025
A Miscellaneous Application before ACB Court, Mumbai, sought FIR registration against former SEBI Chairperson, three current Whole Time Members of SEBI and two officials of the BSE over alleged irregularities granting listing permission to a Company on the Bombay Stock Exchange in 1994. Despite these officials not holding office at the time, the court allowed the application without notice or hearing SEBI’s position. The applicant is known for frivolous filings.
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