Ramkrishna had challenged the Delhi High Court’s July 9 verdict which: A practical reader guide

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New Delhi, The Supreme Court on Tuesday refused to entertain former NSE managing director Chitra Ramkrishna’s plea challenging an order taking cognizance of offences under the anti-corruption law in the co-location scam case against her.

The CBI arrested Ramkrishna on March 6, 2022, in connection with the case registered in 2018. She was granted bail by the high court in September 2022.

Ramkrishna had challenged the Delhi High Court’s July 9 verdict which dismissed her plea against a trial court order taking cognizance of the offences under the anti-corruption law in the case against her. Her plea came up for hearing before a bench of Justices J B Pardiwala and K Vinod Chandran. The high court also upheld the sanction given by the Board of Directors of the NSE to prosecute Ramkrishna, who is an accused in the co-location scam case, stating that the order was conditional to the limited extent of determination of issues pertaining to the applicability of the Prevention of Corruption Act to her and it cannot be set aside only on this ground.

the bench said this point could be raised before the trial court, which would consider the same on its own merits While disposing of her plea. In its verdict, the high court had held that the NSE performed a “public duty” and the petitioner, being its CEO and managing director, “equally performed a function and duty in which the public at large is invested”. Ramkrishna had contended before the high court that the definition of “public servant” under the PC Act was extremely vague and, therefore, was liable to be struck down.