Co-location scam case: Supreme Court refuses to entertain Chitra Ramkrishna's plea challenging HC order
The Supreme Court of India has refused to hear a plea from former NSE managing director Chitra Ramkrishna regarding the co-location scam case. The court directed her to raise her arguments concerning the applicability of anti-corruption laws before the trial court.
Why it matters
This ruling reinforces the legal precedent that high-ranking officials at major financial institutions like the NSE can be held accountable under public servant anti-corruption statutes.
The Supreme Court on Tuesday (September 15, 2026) refused to entertain former NSE managing director Chitra Ramkrishna's plea challenging an order taking cognisance of offences under the anti-corruption law in the co-location scam case against her.
Ms. Ramkrishna had challenged the Delhi High Court's July 9 verdict, which dismissed her plea against a trial court order taking cognisance 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.
Senior advocate Balbir Singh, appearing for Ms. Ramkrishna, argued that the National Stock Exchange (NSE) is a private company and it can't be said that the petitioner was discharging a public duty.
While disposing of her plea, the Bench said this point could be raised before the trial court, which would consider the same on its own merits.
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