Delhi HC grants bail to Chitra Ramkrishna in NSE phone tapping case
The Enforcement Directorate (ED) had in July 2022 arrested Ramkrishna for illegally tapping telephones of NSE employees between 2009 and 2017.
The Enforcement Directorate (ED) had in July 2022 arrested Ramkrishna for illegally tapping telephones of NSE employees between 2009 and 2017.
Relief to former NSE bosses Chitra Ramkrishna, Ravi Narain as appellate tribunal sets aside disgorgement order in 2019 case; SAT asks NSE to pay ₹100 cr penalty.
The main focus of the SEBI board meeting seemed to be about measures to enhance accountability of people within the system, and assessment of risks
Justice Sudhir Kumar Jain said he was granting "statutory bail" to the two former officials of the NSE.
A Delhi court has sent Chitra Ramkrishna to four-day custodial interrogation in the phone tapping case.
The investigating agency conducted searches at 18 premises of the accused including at Mumbai, Pune, Kota, Lucknow and Delhi-NCR, among others.
NSE has been fined ₹7 crore, its former MD & CEO Chitra Ramkrishna, former group chief operating officer Anand Subramanian have been asked to pay ₹5 crore each.
Ramkrishna has been ordered by SEBI to pay this amount within 15 days of the receipt of the notice; failure to do so will result in further action.
SAT orders NSE to deposit ₹4.73 crore towards leave encashment and deferred bonus of Ramkrishna in an escrow account.
An unethical culture is a conducive breeding ground for those who have both the intelligence and the unencumbered value-system to commit white-collar crimes.