SEBI has allowed extension in timeline to submit comments on consultation paper on Process for appointment of specific KMPs of an MII; and cooling-off period for KMPs and Directors of an MII joining a competing MII. A consultation paper on Process for appointment of specific KMPs of an MII; and cooling-off period for KMPs and Directors of an MII joining a competing MII has been published by Securities and Exchange Board of India (SEBI) on its website on November 22, 2024. The public comments on the consultation paper were required to be submitted latest by December12, 2024.
It has been decided to extend the timeline to submit the public comments on the consultation paper till December 31, 2024. Accordingly, The comments/ suggestions maybe submitted online.
