# Supreme Court refuses to quash CBI case against former NSE CEO Chitra Ramkrishna

2026-09-15T10:02:31+00:00 | Governance | Indian Opinion Desk

Corroboration: 3 independent outlets

The Supreme Court on Tuesday declined to interfere with the Delhi High Court's dismissal of former NSE CEO Chitra Ramkrishna's plea challenging her prosecution under the Prevention of Corruption Act. A bench of Justices JB Pardiwala and K Vinod Chandran refused to quash the CBI case against her, leaving the trial court to decide whether she qualifies as a 'public servant'. Ramkrishna argued the NSE is a private company, but the court said this point can be raised during trial. The High Court had ruled in July that the NSE performs a public duty and she cannot be separated from those functions. The CBI chargesheet alleges she conspired with former employee Anand Subramanian to grant preferential access to certain brokers and abused her position in appointments and server access.

## Indian Opinion Analysis

All three outlets report the same Supreme Court refusal, none favour or criticise the government in the coverage. The barandbench.com piece includes the least reported detail of a 'Himalayan Yogi' email correspondence with Subramanian, while Deccan Herald provides the most detailed charge sheet allegations. Hindustan Times relies on automated news agency copy, which is the thinnest on specifics. The core dispute, whether a private stock exchange CEO is a 'public servant' under the PC Act, remains unresolved from 2018, with the trial court now to decide. The CBI chargesheet is from April 2022 and a supplementary from August 2022.

## Coverage

- deccanherald.com (neutral report) <https://www.deccanherald.com/india/supreme-court-refuses-to-quash-cbis-corruption-case-against-former-nse-ceo-chitra-ramkrishna-4146627>
  Straight factual reporting of court proceedings with no editorial slant, includes detailed charge sheet allegations without comment
- barandbench.com (neutral report) <https://www.barandbench.com/news/litigation/nse-scam-supreme-court-refuses-to-interfere-with-delhi-hc-order-denying-relief-to-chitra-ramkrishna-in-pc-act-case>
  Neutral court report, includes the 'Himalayan Yogi' and 'Siddha Purusha' references without framing them as scandal
- hindustantimes.com (neutral report) <https://www.hindustantimes.com/cities/delhi-news/colocation-scam-case-sc-refuses-to-entertain-chitra-ramkrishna-s-plea-challenging-hc-order-101789461083164.html>
  Automated news agency feed, neutral wire-style reporting with no slant or framing choices

Tags: CBI, Chitra Ramkrishna, NSE, Prevention of Corruption Act, Supreme Court
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