Chitra Ramkrishna, ex-CEO of the National Stock Exchange (NSE), has filed a plea in the Delhi High Court challenging the definitions of 'public duty' and 'public servant' under the Prevention of Corruption Act (PC Act).A division bench of .
Ramkrishna, who headed the NSE between 2013 and 2016, has been charged with illegal gratification through abuse of position and criminal conspiracy, among other offences. The irregularities in the case had purportedly taken place between 2010 and 2014. In April 2022, the CBI framed charges against Ramkrishna under sections of 13(1)(d) and 13(2) of the Prevention of Corruption Act, and 120(b) of the Indian Penal Code.
The Delhi High Court on Thursday ruled that the power of the Enforcement Directorate to issue summons to a person under Section 50 of PMLA does not include the power to arrest. Justice Anup Jairam.
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The bench granted five working days to the investigating agency to file its response to the petition, and listed the case for further consideration on June 9