India

NSE case: Delhi court allows CBI to collect handwriting samples of ex-CEO

Pioneer News Service

A Delhi court on Monday allowed the CBI to collect the handwriting sample of former managing director and chief executive officer of National Stock Exchange (NSE) Chitra Ramkrishna in connection with the NSE co-location case. Special Judge Sanjeev Aggarwal also extended Ramkrishna's judicial custody till April 11, after she was produced before the court at the end of her earlier judicial custody.

The court passed the order on the applications moved by the CBI, which said that the investigation was at a very crucial stage and it was examining several digital evidences in the case. The CBI had arrested Ramkrishna after her anticipatory bail application was dismissed by the court earlier. The court on March 26 sought CBI's response on Ramkrishna's bail plea and posted the matter for

April 8.

The court recently dismissed the bail application of NSE's former group operating officer (GOO) Anand Subramanian in the case. The arrest was made in the case related to the co-location scam, the FIR for which was registered in May 2018, amid fresh revelations about irregularities at the country's largest stock exchange.              

Earlier The Securities and Exchange Board of India (SEBI) has penalized the National Stock Exchange (NSE) and its former CEOs Chitra Ramakrishna and Ravi Narayan and two other officials for lapses in recruitment at the senior level.