“The committee was formed earlier this month and has been given six to eight weeks for a comprehensive review of the 70 or so regulations governing the industry to ensure principal bases regulations,” said a person aware of the details. “The ultimate aim is to ensure ease of doing business for all stakeholders in the industry.”
Sebi bars Vijay Mallya from accessing securities market for 3 years
According to the order, Mallya is prohibited from buying, selling, or dealing in securities directly or indirectly, and from being associated with the securities market