 "Sebi Bill stuck after Lok Sabha adjournment")
A move to broaden the criteria for appointing the head of the Securities Appellate Tribunal (SAT) was not passed since the Lok Sabha was adjourned over the Sri Lankan issue.
The Sebi amendment Bill had been passed by the Rajya Sabha earlier this month.
The legislation will allow retired high court judges to act as the presiding officer of the Securities Appellate Tribunal (SAT), a statutory body that hears appeals against Sebi orders.
The Sebi amendment Bill had been passed by the Rajya Sabha earlier this month.
The legislation will allow retired high court judges to act as the presiding officer of the Securities Appellate Tribunal (SAT), a statutory body that hears appeals against Sebi orders.