New Delhi (24.10.2024): The Public Accounts Committee (PAC) meeting on Thursday was adjourned as Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch informed the panel, hours before it was scheduled to start, that she would not be able to attend it due to a “personal exigency.”
PAC Chairman K C Venugopal said the committee decided to postpone today’s meeting after a communication from Sebi expressing Buch’s inability to attend the meeting. Venugopal also said that Buch had earlier sought an exception from appearing before the PAC, but was denied.
In the first meeting of the committee, it was decided that there would be review of the regulatory bodies, suo moto, as an agenda. So, Sebi chief was summoned for a review of its performance. The panel was to question Buch and other officials over the regulator’s performance in the backdrop of charges levelled against the Sebi chief by US-based Hindenburg Research.
New Delhi (24.10.2024): The Public Accounts Committee (PAC) meeting on Thursday was adjourned as Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch informed the panel, hours before it was scheduled to start, that she would not be able to attend it due to a “personal exigency.”
PAC Chairman K C Venugopal said the committee decided to postpone today’s meeting after a communication from Sebi expressing Buch’s inability to attend the meeting. Venugopal also said that Buch had earlier sought an exception from appearing before the PAC, but was denied.
In the first meeting of the committee, it was decided that there would be review of the regulatory bodies, suo moto, as an agenda. So, Sebi chief was summoned for a review of its performance. The panel was to question Buch and other officials over the regulator’s performance in the backdrop of charges levelled against the Sebi chief by US-based Hindenburg Research.
