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        SEBI

        Regulation 10 - High powered advisory committee

        Securities and Exchange Board of India (Settlement of Administrative and Civil Proceedings) Regulations, 2014
        Chapter V
        COMMITTEES

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        High powered advisory committee to recommend settlement terms, with judicial and expert composition and fixed-term membership rules. Board must constitute a high powered advisory committee to consider and recommend the terms of settlement; composition requires a retired High Court judge and external securities market experts; quorum of three; members serve a fixed term with possible extension; meetings held as specified by the Board.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                High powered advisory committee to recommend settlement terms, with judicial and expert composition and fixed-term membership rules.

                                Board must constitute a high powered advisory committee to consider and recommend the terms of settlement; composition requires a retired High Court judge and external securities market experts; quorum of three; members serve a fixed term with possible extension; meetings held as specified by the Board.


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