Advisory Committee at Market Infrastructure Institutions (MIIs)

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....DSA2/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 committees at MIIs with an exception for Investor Grievanc....

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....ngly, 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 the Annexure to the circular dated January 10, 2019, shall stand ....