We want LI to be one of the friendliest places on the internet, where lawyers and law students help each other with their career related queries and occasionally discuss other stuff that might affect their lives too. In other words:
1. Be kind, respectful and helpful to each other.
2. Be bona fide, truthful, genuine and curious.
3. Assume the best intention of others.
Therefore, in using the site, you must agree to do your best to uphold these community guidelines.
Note that what you find here is written and moderated by anonymous people on the internet.
Therefore everything you read here is very likely unverified, rumour, speculation and/or downright false.
In continuing to read anything here, you must therefore agree not to take anything you read here as factual and that you will exercise due caution, diligence and common sense before acting on any information you may come across here.
You also agree to report any inaccurate or malicious comments with the buttons. Moderators take action within 24 hours, as required and appropriate under law.
Our full terms and conditions apply too.
Do you solemnly agree to all of the above?
If yes, how does it work ? And at which level ?
( Context - Sucheta Dalal tweet regarding audio clip of bribe of senior management)
https://twitter.com/suchetadalal/status/1672537979670364160?lang=en
Don't know for sure. Just heard from friends in law firms.
It is also on record that even in NSE Colocation scam SAT observed that SEBI botched investigation and internal enquiry on officers involved should take place.
That being said there are auditors and lawyers (some being ex-SEBI officers) who know who can be managed and yes they manage them. Not every SEBI officer is corrupt but a lot of them in investigation department and enforcement department have discretion to interpret facts and some are more than happy to direct it in a manner that helps the parties being investigated.
https://www.barandbench.com/columns/the-dented-credibility-of-the-securities-and-exchange-board-of-india
Sub - Registrar here.
Grade pay 6k. Daily earnings ~30k.
Way more than what any Sebi wala can earn.
Have a batchmate in customs earns atleast 15-20lakh per month.