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

Capital markets regulator Securities and Exchange Board of India has constituted a four-member “high powered advisory committee on settlement orders and compounding of offenses”.

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”.

The committee will be chaired by Vijay C Daga, retired judge of the High Court of Bombay, according to an update with the Securities and Exchange Board of India (Sebi).