NSE phone tapping: Delhi HC reserves order on Chitra Ramkrishna’s bail plea

The Delhi High Court on Tuesday reserved its verdict on the bail plea by Chitra Ramkrishna in the money laundering case related to alleged illegal phone tapping and snooping on National Stock Exchange (NSE) employees.

The former NSE managing director objected to the Enforcement Directorate’s claim that she was the mastermind behind the conspiracy and highlighted that she has spent four months in custody.

Arguments heard. Judgement reserved, said Justice Jasmeet Singh after hearing rejoinder submissions by the senior counsel for Ramkrishna.

Senior advocate Rebecca John, appearing for Ramkrishna, argued that the ED’s claim that she was the mastermind can be discredited and disproved on the basis of the material on record.