Ex NSE Chief Chitra Ramkrishna's Bail Plea Turned Down By CBI Court
NDTV
Chitra Ramkrishna has also been on the radar of the market regulator Securities and Exchange Board of India
A Special Central Bureau of Investigation (CBI) court of Delhi on Saturday refused to grant anticipatory bail to former managing director and chief executive officer of National Stock Exchange (NSE) Chitra Ramkrishna in connection with the NSE co-location case.
Special CBI Judge Sanjeev Aggarwal after hearing both the parties at length and after consideration of the entire material decided not to give anticipatory bail to Chitra Ramkrishna.
The same court earlier, while keeping the order reserved, also had said no good ground for ad-interim protection from arrest is made out in favour of the applicant/accused at this stage.
The CBI recently had questioned Chitra Ramkrishna in the matter. The Income Tax (IT) Department earlier raided various premises linked to Ramkrishna in Mumbai and Chennai.