Mumbai, Mar 3 (UNI) The Anti-Corruption Bureau (ACB) Court, Mumbai has asked the ACB to file an FIR against former Chairperson of Securities and Exchange Board of India (SEBI) and five others to investigate into alleged irregularities pertaining to listing of a company.
The market regulator SEBI, however, said that the applicant is known to be a frivolous and habitual litigant and thus would initiate legal steps to challenge this order.
“A Miscellaneous Application was filed before the ACB Court, Mumbai against the former Chairperson of SEBI, three current Whole Time Members of SEBI and two officials of the BSE,” a media statement by market regulator SEBI said.