SEBI constitutes 4-member high powered advisory committee on settlement orders

The Securities and Exchange Board of India (SEBI), has constituted a four-member “high powered advisory committee on settlement orders and compounding of offences”. The Chairman of the committee will be Vijay C Daga, retired judge of the High Court of Bombay. The terms of reference of the Committee will be as per “Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018”.

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The other members of the panel include:

• Former law secretary in Ministry of Law & Justice: PK Malhotra
• Ex-Chairman of Deloitte Haskins & Sells LLP: PR Ramesh
• Advocate, Partner, Raval & Raval Associates: DN Raval

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