Court allows NSE to intervene in case against Madhabi Buch, others | Hindustan Times

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Mumbai, India - December 20, 2022: Securities and Exchange Board of India (SEBI) chairperson, Madhabi Puri Buch during a press conference at SEBI Head Office, BKC, in Mumbai, India, on Tuesday, December 20, 2022. (Photo by Vijay Bate/HT Photo) (HT PHOTO)

Court allows NSE to intervene in case against Madhabi Buch, others

A special court has allowed the National Stock Exchange (NSE) to intervene in proceedings against former SEBI chairperson Madhabi Puri Buch and others, citing the need to present "true and correct facts." The case stems from a complaint alleging stock market fraud from 1994. NSE aims to contest the allegations, with the issue also pending before the Bombay High Court.

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