Coming as a relief for the former SEBI chief Madhabi Puri Buch and others involved in the case, the Bombay High Court on Tuesday ordered a stay on a special court order seeking a First Information Report (FIR).

The Bombay High Court on Tuesday stayed for four weeks a special court's order directing FIR against former Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations,

The Bombay High Court has stayed a special court's order directing an FIR against former Securities and Exchange Board of India (SEBI) Chairperson, Madhabi Puri Buch. The stay will be effective for four weeks.