Sebi may recast consent panel in case of NSE to avoid conflict

Regulator to appoint new members to look at NSE's consent plea

The Securities and Exchange Board of India (Sebi) is likely to restructure the panel that looks at consent applications to avoid a conflict of interest in the case of the National Stock Exchange (NSE).

Sources said regulator mulling to appoint new members to the high powered advisory committee (HPAC) to replace the some of the existing members.

The current high powered advisory committee (HPAC) consists of retired Bombay High Court judge Vijay C Daga, advocate Dharmishta N Raval, Deloitte chairman P R Ramesh and Reserve Bank of India ex-deputy governor Anand Sinha.
 

“Some changes in the committee are required in the present