Delhi HC grants bail to Chitra Ramkrishna, Anand Subramanian in NSE co-location case
New Delhi(PTI): The Delhi High Court on Wednesday granted bail to former National Stock Exchange (NSE) head Chitra Ramkrishna and ex group operating officer Anand Subramanian in the co-location scam case being probed by the CBI.
Justice Sudhir Kumar Jain said he was granting "statutory bail" to the two former officials of the NSE.
A detailed copy of the order is awaited.
An FIR was registered in the case in May 2018, amid fresh revelations about irregularities at the country's largest stock exchange. The CBI is probing the alleged improper dissemination of information from the computer servers of the market exchanges to stock brokers.
Subramanian was arrested by the CBI on February 24.
The CBI had arrested Ramkrishna on March 6, a day after her anticipatory bail application was dismissed by a trial court.
In a status report filed in the bail plea by Subramanian, the CBI said the investigation has established that co-accused Ramkrishna abused her official position at NSE to illegally appoint him as the Chief Strategic Advisor and also arbitrarily and disproportionately hiked his compensation and re-designated him as group operating officer without requisite approvals.
Ramkrishna was the MD and CEO of the NSE from April 2013 to December 2016.
The agency further claimed that Ramkrishna was communicating with an external email-id being operated by Subramanian and examination of witnesses was being carried out to unearth the whole conspiracy in the case.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Chikkamagaluru: Seven-year-old girl allegedly raped by father
POCSO case filed against absconding accused
Chikkamagaluru: In an incident reported from Coolie Line in Hosahalli in the district, a man allegedly raped his seven-year-old daughter and also injured her private parts on Friday, before absconding.
Mallandur Police have filed a case against the accused, who is identified as Murthy, a resident of Coolie Line, based on a complaint by a counselor at the District Child Protection Unit.
The complainant has said that the girl, who is a student of Class 2, was taking bath at home on Friday, when her father raped her. He further thrust a broken water bottle into her private parts, resulting an injury there.
The police has been told that girl brought the matter to the notice of her mother, who had gone out of the house during the incident. The mother noticed her daughter to be bleeding from her private parts and took her to hospital for a check-up. The doctors confirmed that primary inspection showed that the girl had been subjected to sexual assault.
The complainant added that the girl, who was also taken to the Sakhi One Stop Centre, confided before the counselor that her father had warned her not to speak about the incident. He had, instead, told his daughter to clarify that she was bleeding since her father had stamped her private parts for bathing without her clothes on. The victim is learned to have been raped by her father earlier too.
Mallandur Police have registered a case against Murthy under POCSO Act and are investigating to find the accused, who is absconding.
