<h1>Court Orders FIR Against Ex-SEBI Chair for Alleged 1994 Stock Market Fraud, Citing Prima Facie Evidence of Violations.</h1> A special court in Mumbai has ordered the Anti-Corruption Bureau to file an FIR against a former Securities and Exchange Board of India (SEBI) chairperson and five others for alleged stock market fraud and regulatory violations. The court found prima facie evidence of regulatory lapses and collusion, necessitating a probe. The allegations involve fraudulent company listing on the Bombay Stock Exchange in 1994, with claims of market manipulation and insider trading. SEBI and the Bombay Stock Exchange plan to appeal the order, dismissing the application as frivolous, noting that the accused were not in their roles during the alleged violations.