Advisory Committee at Market Infrastructure Institutions (MIIs)

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.... (MIIs) 1. SEBI, vide circular no. SEBI/HO/MRD/DOP2DSA2/CIR/P/2019/13 dated January 10, 2019, inter alia provided functions, composition and quorum of the seven statutory committees at Market Infrastructure Institutions (MIIs). 2. Clause 6 of the aforesaid circular provides the overarching principles for composition and quorum of the statutory committee at MIIs, which is applicable to all co....

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....embers of MIIs in the said advisory committee. 4. Accordingly, in partial modification to SEBI circular no. SEBI/HO/MRD/DOP2DSA2/CIR/P/2019/13 dated January 10, 2019: a. Clause 6 of the aforementioned circular shall also not be applicable to Advisory Committee, along-with IGRC. b. Also the below stated clause provided in composition of advisory committee, at point A(5), B(5) and C(5) of t....