TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates Committee Rules for MIIs: Exempts Advisory and Investor Grievance Committees from Public Interest Directors Quorum Requirement.</h1> The circular issued by SEBI on February 15, 2019, addresses the composition and quorum requirements for statutory committees at Market Infrastructure Institutions (MIIs). It modifies a previous circular by exempting the Advisory Committee, alongside the Investor Grievance Redressal Committee, from Clause 6, which mandates that the number of Public Interest Directors (PIDs) should not be less than other members combined. This change aims to facilitate broader participation from trading members, clearing members, and depository participants in the Advisory Committee. MIIs are instructed to update their systems and regulations accordingly and report implementation status to SEBI.
TaxTMI 
TaxTMI 
