India's Biggest Financial Scandal? Court Orders Probe Against Ex-SEBI Chief ! #ias #news #FIR #SLV
India's Biggest Financial Scandal? Court Orders Probe Against Ex-SEBI Chief @StudYLoveRVeeR A special court in Mumbai has ordered the Anti-Corruption Bureau (ACB) to register a First Information Report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five others, including three SEBI whole-time members and two Bombay Stock Exchange (BSE) officials ¹ ². The court's decision was based on a complaint filed by a journalist, Sapan Shrivastava, who alleged that SEBI officials permitted the listing of a company that failed to meet regulatory norms, leading to market manipulation and investor losses ¹. The company in question, Cals Refineries Ltd, was listed on the Bombay Stock Exchange (BSE) in 1994, but trading in its shares was stopped in August 2017 and remains suspended ². The complaint also alleged collusion between SEBI and corporate entities, insider trading, and siphoning of public funds post-listing ¹. The court found prima facie evidence of regulatory lapses and collusion, requiring a fair and impartial probe ². SEBI has responded to the court's order, stating that the complaint was frivolous and that the officials named in the complaint were not in their positions at the relevant time ². SEBI plans to take appropriate legal steps to challenge the order. 🟢NCERT Foundation /UPSC Foundation /BPSC/UPPCS/OPSC Foundation- https://studyloverveer.in/new-courses 🔴Join Whatsapp Channel- https://shorturl.at/1aXsZ 🟢Test Series- https://studyloverveer.in/test-series 🔥For All courses - https://studyloverveer.in/new-courses 🔥EPFO/Basic Foundation Course👉 https://studyloverveer.in/courses/16-... 🔴 RBI Grade B & NABARD Grade A Foundation Course- https://studyloverveer.in/new-courses... 🔥🔥🔥DOWNLOAD OUR OFFICIAL APP https://play.google.com/store/apps/de... 🔴WhatsApp Channel for SLV Army👉 https://whatsapp.com/channel/0029Va9F... 🔥Are you ready for the challenge👍 👉Discipline Test में कितने नंबर मिले? 👉SLV Army आज का टारगेट क्या है? 👉कल का टारगेट कितना % पूरा हुआ? 👉How's the Josh- SLV Army? ✅SLVpedia - https://t.me/SLVpedia ✅Answer Writing - https://t.me/VeeRTalyan ✅Join for PDF - https://t.me/StudYLoveRVeeR 🔥#BeHappyShareAndHelpEachOther ❤Like/Comment/Share SLV Commando❤ ✅For All courses & PDF- https://play.google.com/store/apps/de... 🔥To Join SLV UPSC Answer writing Group👉 Contact (Only WhatsApp)👉 8076659165 🟢For more updates, You can connect with me 👇or SUSCRIBE TO OUR MORE YOUTUBE CHHANEL 🔴1. STUDY LOVER VEER OFFICAL / @studyloverveer 🔴2. SLV BANKING GURU / @slvbankingguru 🔴3. SLV IAS / @slvias 🔴4. SLV CIVIL SERVICES / @slvcivilservices 🔴5. SLV DEFENCE WORRIERS / @slvdefencewarriors 🟢OUR TELEGRAM CHHANEL 🔴 https://t.me/StudYLoveRVeeR 🔴 https://t.me/SLVPedia 🔴 https://t.me/SLVCivilServices 🔥🔥🔥DOWNLOAD OUR OFFICIAL APP https://play.google.com/store/apps/de... 🟢OFFICIAL WEBSITE STUDYLOVERVEER.IN 🔴For more updates, You can connect with me 👇 🔴Facebook: / studyloverveer 🔴Twitter: / studyloverveer 🔴Instagram: / studyloverveer 🔥To Join SLV UPSC Answer writing Group👉 Contact (Only WhatsApp)👉 8076659165 Video Title Options: 1. Breaking: Ex-SEBI Chief in Trouble! Court Orders FIR Over Fraud Charges 2. Fraud Charges Rock Indian Stock Market: Ex-SEBI Chief, 5 Others Under Fire 3. Court Cracks Down on Corruption: FIR Ordered Against Ex-SEBI Chief Madhabi Puri Buch 4. Stock Market Scandal: Ex-SEBI Chief, Top Officials Face Fraud Charges 5. India's Biggest Financial Scandal? Court Orders Probe Against Ex-SEBI Chief Tags: • SEBI • Madhabi Puri Buch • Fraud charges • Stock market scandal • Indian stock market • Corruption • Financial scandal • Court orders FIR • Anti-Corruption Bureau (ACB) • Bombay Stock Exchange (BSE) These titles and tags are designed to be attention-grabbing and informative, highlighting the key aspects of the story ¹ ² ³.