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Bombay HC Quashes FIR Against Former Axis Mutual Fund Chief Dealer In Alleged Front-Running Case

Free Press Journal · DistrictNews · 2026-08-15

Bombay HC Quashes FIR Against Former Axis Mutual Fund Chief Dealer In Alleged Front-Running Case

The Bombay High Court quashed an FIR against former Axis Mutual Fund chief dealer Viresh Joshi in an alleged front-running case, holding that prosecution under the SEBI Act can begin only on a SEBI complaint. The court urged SEBI to act promptly if the allegations warranted action and left other independent offences open. Bombay HC Quashes FIR Against Former Axis Mutual Fund Chief Dealer In Alleged Front-Running Case

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