The case relates to the alleged differential access given to certain broking firms in the form of 'dark fibre' at NSE, to connect across the colocation facilities before other members.
The CBI is probing the alleged improper dissemination of information from the computer servers of the market exchanges to the stockbrokers.
Passing a four-page order, after accepting an appeal filed by Ramkrishna, SAT said that various questions raised by her would be considered at the time of hearing of the appeal.
The minister said that during the investigation into the matter, it was noticed that certain stockbrokers got preferential access to the trading system.
During the arguments for bail, the CBI counsel submitted that she has stopped cooperating and is giving evasive replies during the investigation.
The CBI opposed the bail stating that he is a “flight risk”, the judge remarked that he had not actually fled the country in the past four years.
The Special CBI Judge Sanjeev Aggarwal reportedly pulled up the central investigating agency for the slow pace of the investigation.