The central probe agency has taken over the case from Mumbai Police which had been conducting the inquiries in the matter
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These brokers were named in multiple forensic audit reports for illegally trading via Secondary Servers that were reserved for Back-up and had less load that facilitated faster trading. Inside information on how and when to trade via Secondary Servers came from NSE insiders and officials
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Senior Advocate Mukul Rohatgi, appearing for Shivakumar, submitted that the probe into the matter has begun without obtaining the sanction under Section 17A of the PC Act
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