The move, which was earlier scheduled to take effect from April 4, has now been put on hold following a consultation paper released by the Securities and Exchange Board of India (SEBI).
This ongoing uncertainty has really made things chaotic for everyone involved.
Till now new sebi chief Mr. Pandey made all sensible decisions including this one, hope he will not destroy the market by baseless statements and regulations in future like last sebi chief
Everyone seems to be playing Trump.
Making decisions and signing orders that just lead to a lot of chaos, only to withdraw changes at the last minute.