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English Release 17-May 2013
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- Prime Minister's Office
- PM’s address at 45th session of the Indian Labour Conference
- Min of Agriculture
- Rice Sown in 2.4 Lakh Hectare so Far
- Min of Commerce & Industry
- Another Round of India –EU BTIA Negotiation Concluded
- Joint Statement By Anand Sharma, Minister of Commerce and Industry, India and Toshimitsu Motegi Minister of Economy, Trade and Industry, Japan
- Anand Sharma Meets Japan Prime Minister Shinzo Abe
- Min of Consumer Affairs, Food & Public Distribution
- More Than 243 Lakh Tonne Wheat Procured
- Min of Drinking Water & Sanitation
- National Rural Drinking Water Programme (NRDWP)
- Nirmal Bharat Abhiyan (NBA) in the XIIth Five Year Plan
- Min of Environment and Forests
- Disposal of Hazardous Waste
- Min of Labour & Employment
- 45th Session of the Indian Labour Conference Begins
- Min of Minority Affairs
- Government to Maximize Outreach of Concessional Loans to Minorities
NMDFC Reviews State Channelising Agencies Tomorrow
- Min of Petroleum & Natural Gas
- International crude oil price of Indian Basket increases sharply to 101.46/US$ bbl on 16.5.2013
- Min of Power
- Recasting of Loans of DISCOMS
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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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