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Buch is believed to have been unofficially informed that she will only serve one three-year term, having assumed her role on 1 March 2022
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Madhabi Puri Buch is battling a storm of allegations but when Bhave was the Sebi chief, in 2010 the Gopal-Leeledhar committee found him guilty of failure of duty in the Rs 500 crore demat accounts scam at NSDL. Yet, Bhave remained the Sebi chairman in the face of his indictment and the two committee members were dropped from the Sebi board
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As per a media report, the issue was added to the PAC's agenda after several committee members raised the need for a review during a meeting on 29 August
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Chandra accused Buch of dramatically increasing her and her husband's income, from around Rs 1 crore per annum before she took over Sebi, to Rs 40-50 crore per annum
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Govt. contemplating if it should ask Buch to step down, sources say
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Reforms that can save retail investors from the "Slaughterhouse" called Options Trading will affect Sebi's income. Hotel Stocks and Ambani Wedding Economy, here's your dose of juicy Gossip
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