SAT Denies Ex-IndusInd Bank Executive Full Access to SEBI Investigation Records

The Securities Appellate Tribunal (SAT) rejected former IndusInd Bank deputy CEO Arun Khurana's plea for full access to a 1.7-terabyte email dataset collected by SEBI during its ongoing insider trading investigation. The tribunal ruled that Khurana was entitled only to documents relied upon in SEBI's interim order, as the probe has not reached adjudication and no show-cause notice has been issued. SEBI stated the data was massive and confidential, sharing only relevant emails with Khurana.