Securities And Exchange Board Of India - Subsection
Section 28(7) in Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018
(7)The tenure of a key management personnel, other than a director, in a department, shall be for a fixed period, as may be decided by the Nomination and Remuneration committee.Explanation. - For the purpose of sub-regulation (7), the tenure refers to the period of posting as key management personnel in a regulatory department, which shall be for a fixed period.
