The pleas sought quashing of the order passed by the special court directing Anti-Corruption Bureau (ACB) to register an FIR against them pertaining to certain allegations of fraud committed in 1994.

Bombay High Court stays special court order for FIR against former SEBI chairperson in stock market fraud case.

The Bombay High Court on Tuesday stayed, for four weeks, a lower court order to file a police case against Madhabi Puri Buch, the former chief of markets regulator SEBI, and five others over alleged market fraud and regulatory violations.

The Bombay High Court on Tuesday paused the registration of an FIR case against former SEBI chief Madhabi Puri Buch and other officials based on a lower court order.