[Ravishekhar Pandey and Amarpal Singh Dua are independent securities law practitioners] On 29 December 2023, Justice Tarun Agarwala retired and demitted office as the Presiding Officer (PO) of the Securities Appellate Tribunal (SAT), which hears appeals against orders passed by the Securities and Exchange Board of India (SEBI), the Insurance Regulatory and Development Authority of
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Justice Prabha Sridevan on Govt’s Proposal to Shut Down IPAB and the Way Forward
We’re pleased to bring to you a guest post by Justice (Retd.) Prabha Sridevan on the recent Bill moved by the Government in the Parliament proposing to shut down IPAB and the way forward. Justice Sridevan needs no introduction – she served as a judge of the Madras High Court from 2000 to 2010 and
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Breaking: Finance Minister Proposes a Draft Bill in the Lower House to Shut IPAB.
image from here Just hours ago we broke the story about the Supreme Court judgement (pdf) dismissing the application seeking extension of the incumbent IPAB Chairperson and now we are in knowledge of an immensely interesting Draft Bill (pdf) introduced in the Lok Sabha which proposes to shut IPAB for good! The Bill was introduced
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The Legality of the Appointment of the 5 Technical Members to the IPAB
Prashant Reddy, one of our most prolific bloggers, is back with a guest post, questioning the legality of the appointment of the 5 Technical Members made to the IPAB earlier this year. The Legality of the Appointment of the 5 Technical Members to the IPAB Prashant Reddy Image from here Continuing from Praharsh’s earlier post
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Supreme Court Revisits the Tribunal Culture (yet again); Upholds the Validity of the 2020 Rules, but with Conditions.
Image from here Adding to an existing trail of decisions on administration of the tribunals, the Supreme Court on 27/11/2020 passed a detailed judgement in Madras High Court Bar Association v. Union of India, wherein it upheld the constitutional validity of the Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service
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A new IPAB Chairperson? Maybe, maybe not
We’re pleased to bring you a guest post by Praharsh Gour highlighting the recent Call for Applications put out for the post of the IPAB Chairperson, along with AIPPI’s application for extending the incumbent Chairperson’s tenure yet again. Praharsh is a graduate from Hidayatullah National Law University, Raipur and is presently an LL.M. candidate at
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