Mumbai, Mar 3 (Reporter) A day after the Anti-Corruption Bureau (ACB), Mumbai asked the ACB to file an FIR against former Chairperson of SEBI and five others to investigate into alleged irregularities pertaining to listing of a company, Ms Madhabi Puri Buch and others moved the Bombay High Court, seeking to quash the order against them for alleged stock market fraud. In her petition, former SEBI Chairperson Ms Buch challenged the special court order passed on a complaint made by a journalist alleging that SEBI officials had allowed the listing to proceed without adhering to the SEBI Act, 1992, as well as key regulatory frameworks such as the SEBI (ICDR) Regulations, 2018, and the SEBI (LODR) Regulations, 2015. The complainant has accused the officials of facilitating market manipulation, insider trading, and artificial inflation of share prices, leading to significant investor losses. The petition was mentioned before Justice S.G. Dige this morning seeking urgent hearing which he agreed to it and listed the matter for hearing on Tuesday. The SEBI also had said that the applicant is known to be a frivolous and habitual litigant and thus would initiate legal steps to challenge this order. The application in ACB sought directions for the Police to register an FIR and investigate into the alleged irregularities in granting listing permission to a Company on the Bombay Stock Exchange in 1994, without complying with the provisions of the SEBI Act, 1992, SEBI (ICDR) Regulations, 2018, and the SEBI (LODR) Regulations, 2015. Even though these officials were not holding their respective positions at the relevant point of time, the court allowed the application without issuing any notice or granting any opportunity to SEBI to place the facts on record, the SEBI statement said, adding that it would be initiating appropriate legal steps to challenge this order and remains committed to ensuring due regulatory compliance in all matters. Solicitor General Tushar Mehta appeared through Video Conferencing on behalf of the SEBI officials implicated in the matter, while Senior Advocate Amit Desai appeared for the two Bombay Stock Exchange (BSE) officials named in the case...////...