Madhabi Puri Buch, along with five others on Monday moved the Bombay high court, seeking to quash the recent order of a special court directing an FIR against them for alleged stock market fraud. The Bombay high court will be hearing their pleas on March 4,

Special court orders FIR against former SEBI chairperson and officials for stock market fraud, regulatory violations, requiring impartial probe.

This comes after SEBI issued a statement stating that it would take legal action against the said ruling. It also dismissed the complaint as coming from a “frivolous and habitual litigant”.