{"id":38934,"date":"2022-04-28T19:13:05","date_gmt":"2022-04-28T13:43:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/dl-court-nse-6\/"},"modified":"2022-04-28T19:28:24","modified_gmt":"2022-04-28T13:58:24","slug":"dl-court-nse-6","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/dl-court-nse-6\/","title":{"rendered":"NSE co-location case: CBI opposes bail plea of Chitra Ramakrishna, Arvind Subramanian"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3838238083\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>New Delhi, Apr 28 (PTI) A Delhi court on Thursday reserved an order on the bail applications of former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna and group operating officer (GOO) Anand Subramanian in the NSE co-location case.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-306752265\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Special Judge Sanjeev Aggarwal heard the submission from the accused as well the prosecution agency and posted the matter for May 9 for the orders in both the applications.<\/p>\n<p> The CBI had earlier opposed the bail applications of both the accused, saying that they could influence the witnesses and tamper with the evidence.<\/p>\n<p> It said that the nature and gravity of the offence were quite severe and had far-reaching repercussions on financial stability.<\/p><div class=\"trade-content_5\" id=\"trade-2944529818\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The accused were arrested 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&#8217;s largest stock exchange.<\/p>\n<p> The CBI is probing the alleged improper dissemination of information from the computer servers of the market exchanges to the stockbrokers.<\/p>\n<p> Earlier The Securities and Exchange Board of India (SEBI) penalized the National Stock Exchange (NSE) and its former CEOs Chitra Ramakrishna and Ravi Narain and two other officials for lapses in recruitment at the senior level.<\/p>\n<p> Ravi Narain was the MD and CEO of the National Stock Exchange from April 1994 till March 2013, while Chitra Ramakrishna was the MD and CEO of the NSE from April 2013 to December 2016.<\/p>\n<p> The CBI has also alleged that the NSE and its top executives violated securities contract norms relating to the appointment of Anand Subramanian as group operating officer and advisor to the managing director.PTI UK   RKS RKS<\/p>\n<div class=\"trade-after-content\" id=\"trade-2322431996\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Apr 28 (PTI) A Delhi court on Thursday reserved an order on the bail applications of former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna and group operating officer (GOO) Anand Subramanian in the NSE co-location case. Special Judge Sanjeev Aggarwal heard the submission from the accused [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-38934","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NSE co-location case: CBI opposes bail plea of Chitra Ramakrishna, Arvind Subramanian - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/dl-court-nse-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSE co-location case: CBI opposes bail plea of Chitra Ramakrishna, Arvind Subramanian\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Apr 28 (PTI) A Delhi court on Thursday reserved an order on the bail applications of former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna and group operating officer (GOO) Anand Subramanian in the NSE co-location case. 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