The Bombay HC observed that the special court had issued the order without thoroughly examining the details or assigning specific roles to Buch and the other accused.
Soon after the Ministry of Finance’s notification inviting applications for the post of SEBI chairperson was issued, Congress MP Jairam Ramesh claimed that this was a vindication of Congress's “sustained, fact-based” campaign against outgoing SEBI chairperson Madhabi Buch.
Mumbai-headquartered pharmaceutical and biotechnology company Wockhardt has categorically denied allegations labeled by the Congress party against the company.
ICICI bank refuted allegation levelled by Congress, highlighting that Buch may have exercised ESOPs and utilised the benefits after leaving the organisation.