NSE case: SAT gives more time to Chitra Ramkrishna to deposit Rs 2 cr
In its order on April 11, SAT admitted Ramkrishna's plea in the case and had directed her to deposit an amount of Rs 2 crore within six weeks
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In its order on April 11, SAT admitted Ramkrishna's plea in the case and had directed her to deposit an amount of Rs 2 crore within six weeks
In the order, the court also said that the financial world, including the FIIs (Foreign Institutional Investors), are waiting with bated breath for NSE to redeem itself,
“Searches were at conducted nine premises of three brokers and Rs 3.15 crore cash was seized," a government official said.
The development comes in the backdrop of alleged corporate governance lapses at NSE.
CBI has made substantial progress in the investigation into the NSE co-location case where markets regulator Sebi has found violations of norms by exchange, Finance Minister Nirmala Sitharaman said, , NSE SCAM, nse index, CBI investigation, nirmala sitharaman, Chitra Ramakrishna