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English Release 21-September 2014
Date Month Year
  • Vice President's Secretariat
  • VICE PRESIDENT’S ADDRESS AT VALEDICTORY FUNCTION OF CENTENARY CELEBRATIONS OF CATHOLIC ASSOCIATION OF SOUTH KANARA AT MANGALORE
  • Prime Minister's Office
  • PM welcomes agreement between Afghan leaders Ashraf Ghani and Abdullah Abdullah
  • Transcript of Prime Minister's Interview to CNN
  • PM congratulates John Key on re-election as PM​ of New Zealand
  • PM greets Japanese PM Shinzo Abe on his birthday
  • Min of Road Transport & Highways
  • Shri Gadkari to Assess Damage to the Roads Due to Floods in J & K
  • Min of Rural Development
  • Nitin Gadkari to visit Srinagar tomorrow for high level review of relief operations

Previous Date

 
Ministry of Finance15-February, 2008 21:7 IST
Bhave not to be involved in SEBI proceedings against NSDL
On completion of the term of Shri M.Damodaran, the Central Government has appointed Shri C.B. Bhave, presently Chairman & Managing Director, National Securities Depository Limited as Chairman of the Securities & Exchange Board of India. In view of a few proceedings initiated or under consideration by SEBI in respect of NSDL, Mr. Bhave has requested to be recused from these proceedings and to put in place a mechanism to oversee the conduct of these proceedings. Having considered this request, the Central Government has advised the SEBI Board that in order to ensure objectivity in the handling/conduct of these pending proceedings, these matters be handled by a team of non-Whole Time Members of SEBI who were not party to the initiation or processing of such proceedings. Neither Shri Bhave who was heading NSDL nor the nominee of the Ministry of Finance on the SEBI Board will be involved in this special arrangement. These proceedings will be overseen by a three member team comprised of part time members of the Board. The team will associate an eminent legal expert for professional advice.

BSC/SS/GN-36/08
(Release ID :35444)

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