The Governemnt has given six months extension to the SEBI Chief Ajay Tyagi. His term was ending today, February 29, 2020..In exercise of the powers conferred by Sub-Section (1)(a) and Sub-Section (4) of Section 4 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), read with Rule 3 of the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, the Central Government hereby extends the term of appointment of Shri Ajay Tyagi as Chairman of the Securities and Exchange Board of India for a period of six months beyond 29.02.2020 or until further orders, whichever is earlierNotification.The process and the past controversies in appointment of SEBI Chairman.Tyagi is a1984 batch IAS officer of Himachal Pradesh cadre. He assumed charge as Sebi Chairman on March 1, 2017.
The Governemnt has given six months extension to the SEBI Chief Ajay Tyagi. His term was ending today, February 29, 2020..In exercise of the powers conferred by Sub-Section (1)(a) and Sub-Section (4) of Section 4 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), read with Rule 3 of the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, the Central Government hereby extends the term of appointment of Shri Ajay Tyagi as Chairman of the Securities and Exchange Board of India for a period of six months beyond 29.02.2020 or until further orders, whichever is earlierNotification.The process and the past controversies in appointment of SEBI Chairman.Tyagi is a1984 batch IAS officer of Himachal Pradesh cadre. He assumed charge as Sebi Chairman on March 1, 2017.