Court's order directing the registration of an FIR against them, stating that the order was passed “mechanically, without going into details.”

The Bombay High Court (HC) on Tuesday stayed for four weeks a special court`s order directing the registration of a first information report (FIR) against former Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and five other officials over accusations of stock market fraud and regulatory violations,

The Bombay High Court stayed the order to register an FIR against former SEBI Chairperson Madhabi Puri Buch and others, citing lack of detail and evidence in the special court's ruling. The complainant has been given four weeks to file a response.