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Finance ministry mulls time limit on Sebi show-cause notices

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Finance ministry mulls time limit on Sebi show-cause notices

The finance ministry is considering a proposal to fix a time limit for show-cause notices by the Securities and Exchange Board of India (Sebi) to ensure proceedings are time-barred and cases aren't initiated beyond a certain period. Sebi's inputs have been sought and an amendment to this effect could be included in the February 1 finance bill, a government official said.

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Finance ministry mulls time limit on Sebi show-cause notices

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