SEBI to initiate ‘appropriate legal steps’ to challenge ACB Court order against ex-Chairperson
Mumbai, March 2 (SocialNews.XYZ) Markets regulator, the Securities and Exchange Board of India (SEBI) on Sunday said it would initiate "appropriate legal steps" to challenge the order of the ACB Court in Mumbai against its former Chairperson, Madhabi Puri Buch. In a statement, the SEBI said that "the applicant is known to be a frivolous and habitual litigant, with previous applications being dismissed by the Court, with imposition of costs in some cases".
SEBI to initiate 'appropriate legal steps' to challenge ACB Court order against ex-Chairperson #SEBI #ACBCourt #socialnewsxyz