On February 24, 2021, NSE had halted trading in all its segments following a technical glitch which had an adverse impact on the NSE system. Following this, the capital market regulator investigated the matter of failure of systems of both NSE and NSE Clearing to ascertain if there was any violation of regulations.
Three persons, who were part of the crisis management team at the National Stock Exchange (NSE), on Wednesday settled with markets regulator Sebi a case of trading glitch that occurred at the bourse in February 2021.
After asking National Stock Exchange (NSE) and NSE Clearing Ltd (NCL) to pay Rs72.64 crore to settle the February 2021 trading halt issue, Securities Exchange of Board of India (SEBI) allowed three more officials from NSE to go scot-free with punishment like attending training courses and offering pro-bono community service.