‘Sebi must act on ex-Axis AMC chief dealer case:’ Bombay High Court junks FIR
Mumbai: Observing that proceedings for an offence under Securities and Exchange Board of India Act can be initiated only on a complaint by Sebi, Bombay High Court has quashed an FIR against former Axis Asset Management Company Ltd chief dealer Viresh Joshi in an alleged front-running case.Justice Ranjitsinha Bhosale on Aug 13 said, “It is…
