NSE chairman Ashok Chawla resigns after CBI gets sanction to prosecute him in Aircel-Maxis case

NSE chairman Ashok Chawla resigns after CBI gets sanction to prosecute him in Aircel-Maxis case

Former bureaucrat Ashok Chawla Friday resigned as chairman of the National Stock Exchange with immediate effect, the bourse said, hours after the CBI said the Centre has granted sanction to prosecute him in the Aircel-Maxis case. The exchange while making the announcement Friday night did not provide specific details. In a statement, the bourse said Chawla has resigned as "Public Interest Director/ Chairman of the Board of Directors of the National Stock Exchange of India Ltd with immediate effect in light of recent legal developments".

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