Sebi's rules for confidential consent settlement gathering opposing views

The report by a committee, appointed by the Securities and Exchange Board of India (Sebi), on overhauling the ‘consent mechanism’ has triggered a debate among  market participants and legal experts. The committee, headed by former Supreme Court Judge Anil Dave, which submitted its report earlier this month, has made recommendations, such as limiting the time for filing a consent application and a cap on the number of times the application can be filed, to broaden the applicability of the consent framework. However, some of the proposals, such as consent by confidentialit.....

Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.