Contesting the argument of call recording being permitted by the NSE, Raju outlined that there was an element of consent whenever a company decides to record calls.
“Recording happening by companies where it is said ‘call is being recorded for training and quality purposes’,” he illustrated.
Pandey is facing ED and CBI FIRs alleging illegal tapping of phones of NSE employees by iSec Services Private Ltd, a company he founded, and violation of SEBI guidelines in conducting NSE’s system audit.
The Court had on Tuesday remanded him to judicial custody till August 16.
It is alleged that illegal tapping of MTNL phones was contrary to the Telegraph Act. For this purpose, ₹4.54 crore was paid which becomes proceeds of crime, it has been contended.
Source: Barandbench
