The panel, chaired by N K Sodhi, the former chief justice of the high courts of Karnataka and Kerala, makes its recommendations to Sebi on such applications after which the regulator gives an opportunity to concerned parties before passing an order.
It's April Fools Day and today we are going to discuss the biggest joke that government has played on India Inc, except this one is not funny at all. We are talking about International Financial Reporting Standards (IFRS). Is it on or is it off?