By PTI May 18, 2022 7:38:39 PM IST (Published)
Delhi High Court Judge Justice Talwant Singh directed former MD and CEO of the NSE, Chitra Ramkrishna's, bail plea matter to be listed for hearing on May 20 before another judge.
A Delhi High Court judge recused himself from hearing the bail plea by former Managing Director and Chief Executive Officer of the National Stock Exchange (NSE) Chitra Ramkrishna in connection with the co-location case being probed by the Central Bureau of Investigation. Justice Talwant Singh directed that the matter be listed for hearing on May 20 before another judge.
The trial court had dismissed the bail plea of the former NSE boss on May 12 considering the gravity and magnitude of the allegations and said that no ground for bail was made out at this stage. The CBI is probing the alleged improper dissemination of information from the computer servers of the market exchanges to the stockbrokers.
An FIR, in this case, was registered in May 2018, amid fresh revelations about irregularities at the country's largest stock exchange. The CBI had arrested Ramkrishna on March 6, a day after her anticipatory bail application was dismissed by the court.