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The significance of Sebi’s proposal to regulating chartered accountants and other professionals explained

Updated : July 18, 2018 10:41 AM IST

The Kotak Committee Report recommended that Sebi should also be allowed to impose duties and liabilities upon third party fiduciaries.
A clear policy in this regard was proposed to be formulated.
On July 13, Sebi issued another consultation paper aiming to regulate the conduct of fiduciaries such as chartered accountants.
The significance of Sebi’s proposal to regulating chartered accountants and other professionals explained

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