Advisory Committee at Market Infrastructure Institutions (MIIs)

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..... ide circular no. SEBI/HO/MRD/DOP2DSA2/CIR/P/2019/13 dated January 10, 2019, inter alia provided functions, composition and quorum of the seven statutory committees at Market Infrastructure Institutions (MIIs). 2. Clause 6 of the aforesaid circular provides the overarching principles for composition and quorum of the statutory committee at MIIs, which is applicable to all committees at MIIs with .....

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..... said advisory committee. 4. Accordingly, in partial modification to SEBI circular no. SEBI/HO/MRD/DOP2DSA2/CIR/P/2019/13 dated January 10, 2019 : a. Clause 6 of the aforementioned circular shall also not be applicable to Advisory Committee, along-with IGRC. b. Also the below stated clause provided in composition of advisory committee, at point A(5), B(5) and C(5) of the Annexure to the .....

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..... s and Exchange Board of India Act, 1992 , read with Section 10 of the Securities Contracts (Regulation) Act, 1956 and Section 19 of the Depositories Act, 1996 , to protect the interests of investors in securities market and to promote the development of, and to regulate the securities market. 7. This circular is available on SEBI website at www.sebi.gov.in at Legal Framework Circulars .....

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