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The Times of India
The Times of India
Business
PTI

SAT admits Chitra Ramkrishna's plea against Sebi order

Chitra Ramkrishna SEBI SAT NSE Securities Appellate Tribunal Anand Subramanian Ravi Narain New Delhi

NEW DELHI: The Securities Appellate Tribunal (SAT) has admitted former NSE chief Chitra Ramkrishna's plea against a Sebi order in relation to governance lapses at the bourse and directed her to deposit an amount of Rs 2 crore.

The appellate tribunal also directed NSE to deposit more than Rs 4 crore towards leave encashment and deferred bonus of Ramkrishna in an escrow account as against Sebi's direction where the amount was to be parked in the Investor Protection Fund Trust.

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