Business Standard

SAT adjourns NSE co-location matter to Sept 18 after SEBI seeks time

A division bench of SAT presided over by Justice Tarun Agarwala, member CKG Nair and judicial member Justice MT Joshi adjourned the matter.

Sebi
Premium

Sebi

Press Trust of India Mumbai
The Securities Appellate Tribunal (SAT) Monday adjourned the NSE co-location matter to September 18 after capital markets regulator Sebi sought more time to reply to petitions.

A division bench of SAT presided over by Justice Tarun Agarwala, member CKG Nair and judicial member Justice MT Joshi adjourned the matter.

The matter pertains to one of the biggest orders passed by the Sebi on April 30 against NSE officials, including former heads Chitra Ramakrishna and Ravi Narain, in the co-location case, where the largest stock bourse was found guilty of providing preferential treatment to select brokers.

The former heads of NSE, other officials and
Topics : Sebi

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in