Kapadia was nominated to the post by market regulator Securities and Exchange Board of India (Sebi).
“The Board of Directors of BSE Limited is pleased to announce the appointment of Hon’ble Mr Justice S H Kapadia, former Chief Justice of India, as Public Interest Director on the Board of the Exchange with effect from 29th January 2013 pursuant to nomination received from Securities Exchange Board of India (SEBI),” the BSE release said.
Kapadia retired as Chief Justice of India on 29th September 2012. He was elevated to the bench of Supreme Court (SC) of India on 18th December 2003 wherein he dealt with matters under SEBI Act, 1992, Companies Act, 1956, RBI Act, Mergers & Acquisitions, Banking Regulation Act, Taxation, Information Technology and validity of Indian Accounting Standards.
Prior to his role as Chief justice of India, he also served as Chief Justice of Uttaranchal High Court, Additional and Permanent Judge of the Bombay High Court, Judge of the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, Judge of Special Court dealing in matters related to Accounts and Finances of Banks and Financial Institutions.