'Facts are absolutely opposite', says Sebi chief on public perception in legal cases

Updated: Mar 29 2023 10:45PM

'Facts are absolutely opposite', says Sebi chief on public perception in legal cases

Mumbai, Mar 29 (PTI) Amid perception in certain quarters that Sebi is weak on the legal side, its chairperson Madhabi Puri Buch on Wednesday said "the facts are absolutely opposite".

Sebi lost the high profile NSE co-location case in the Supreme Court recently wherein the apex court has partly upheld Sebi's orders of making NSE pay Rs 600 crore.

Partly disposing of Sebi order, it allowed only Rs 100 crore penalty on the largest equity bourse and asked the Sebi to return the rest to the exchange.

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