Bombay HC Quashes FIR Against Former Axis Mutual Fund Chief Dealer In Alleged Front-Running Case
Mumbai, August 15, 2026: The Bombay High Court has quashed an FIR against former Axis Mutual Fund chief dealer Viresh Joshi in an alleged front-running case, holding that such a prosecution under the Securities and Exchange Board of India (SEBI) Act can be initiated only on a complaint by SEBI. While quashing the FIR registered by the Sion police station, later transferred to the EOW, the HC…
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