TODAY -
Court orders FIR against ex-SEBI Chief Madhabi Puri Buch, five others
Write Comment
E-Mail To a Friend
Facebook
Twitter 
Print Court orders FIR against ex-SEBI Chief Madhabi Puri Buch, five others
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register an FIR against former SEBI chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
“There is prima facie evidence of regulatory lapses and collusion, requiring a fair and impartial probe,” the special ACB court judge, Shashikant Eknathrao Bangar, said in the order passed on Saturday.
The court said it will monitor the probe, and sought a status report (of the case) within 30 days. The court order also noted that the allegations disclose a cognisable offence, necessitating an investigation.
The inaction by law enforcement (agencies) and the Securities and Exchange Board of India (SEBI) necessitates judicial intervention under the provisions of the CrPC (Criminal Procedure Code), it added.
The complainant, a media reporter, had sought an investigation into the alleged offences committed by the proposed accused, involving largescale financial fraud, regulatory violations and corruption.
The allegations pertain to the fraudulent listing of a company on the stock exchange with the active connivance of regulatory authorities, particularly the SEBI, without compliance under the SEBI Act, 1992 and rules and regulations thereunder.
The complainant claimed that the SEBI officials failed in their statutory duty, facilitated market manipulation, and enabled corporate fraud by allowing the listing of a company that did not meet the prescribed norms.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
Final Journey of Charles Pereira (78 years) | LIVE from Kemmannu
Milarchi Laram, Milagres Cathedral, Kallianpur, Diocese of Udupi, Bulletin - April 2025
Holy Saturday | St. Theresa Church, Kemmannu
Good Friday 2025 | St. Theresa Church, Kemmannu
Way of Cross | St. Theresa Church, Kemmannu
Maundy Thursday | St. Theresa Church, Kemmannu
Palm Sunday | St. Theresa Church, Kemmannu
Final Journey of Albert Lewis (85years) | LIVE From St Theresa’s Church Kemmannu | Udupi
Final Journey of Gregory D’Souza (79 years) | LIVE from Kemmannu
Final Journey of Bernard G D’Souza | LIVE from Moodubelle
Final Journey of Jacintha Serrao (66 years) | LIVE From Sasthan
Earth Angels Kemmannu Unite: Supporting Asha Fernandes on Women’s Day
ಅಂತರಾಷ್ಟ್ರೀಯ ಮಹಿಳಾ ದಿನಾಚರಣೆ | ಕಲ್ಯಾಣಪುರ ವಲಯ
Final Journey of Joseph Peter Fernandes (64 years) | LIVE From Milagres, Kallianpur, Udupi
ಕಾಜಾರಿ ಜೊಡ್ಯಾಂಚೊ ದೀಸ್ | ಸಾಂ. ಅಂತೊನ್ ಫಿರ್ಗಜ್, ಸಾಸ್ತಾನ್
Final Journey of Leo J. Crasto (97 years) | LIVE from Kemmannu, Udupi
Final Journey of Fedrick Lewis (67 years) | LIVE from Santhekatte
Final Journey of Mr. Charles D’Souza (63 years) | LIVE from Udyavar
75th B’day & Silver Jubilee of Episcopal Ordination of Most Rev. Dr Gerald Isaac Lobo.
Final Journey Of Richard Sequeira | Live From Barkur || Kemmannu channel
Milagres Cathedral, Kallianpur, Udupi - Parish Bulletin - January 2025 Issue
Rozaricho Gaanch 2024 December Issue - Mount Rosary Church, Santhekatte
inal Journey of Patrick John Dalmeida (78 years) | LIVE from Barkur
Vespers 2025 | St. Theresa’s Church, Kemmannu
Final Journey of Rocky D’Souza | LIVE from Santhekatte
Final Journey of Wilson John Maxim Soares | LIVE from Santhekatte, Kemmannu
0:24 / 2:30:40 NEW YEAR MASS 2025 | LIVE from Kemmannu | Diocese of Udupi
Land/Houses for Sale in Kaup, Manipal, Kallianpur, Santhekatte, Uppor, Nejar, Kemmannu, Malpe, Ambalpady.
Naturya - Taste of Namma Udupi - Order NOW
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link
Sponsored Albums
Exclusive
A Saintly Shepherd of Our Times: A Tribute to Pope Francis
Servant of God – Fr Alfred Roche, Barkur -Closing ceremony of Birth Centenary Celebrations.
"Raav Sadanch" – A Konkani Musical Masterpiece by Young Prodigy Renish Tyson Pinto, Barkur Inspires Youth to Chase Their Passions.
Bishop Rt. Rev. Dr. Gerald Isaac Lobo, Offers the Solemn Thanksgiving Jubilee Mass, in Milagres Cathedral
GOLDEN YEARS, HAPPIER TOGETHER….by P. Archibald Furtado
Parish Level inaugural Badminton Little Flower Cup 2024 held in Kemmannu.
Udupi: Foundation stone laid for the SVP sponsored new house at Kemmannu
KAMBALA – A FORGOTTEN SPORT OF YESTER YEARS…..
Monti Phest: A Rich Heritage of South Canara - By Fr. Anush D’Cunha SJ
