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Court-ordered investigation into Madhabi Puri Buch and others

A special PMLA court in Mumbai had ordered the Anti-Corruption Bureau to register an FIR against former SEBI Chairperson Madhabi Puri Buch, the BSE Chairman, and other officials regarding fraud allegations. Following an initial stay on the lower court's order, the Bombay High Court quashed the directive on 8 July 2026, citing the absence of a cognisable offence.