Shri GP Garg takes charge as Executive Director SEBI

Shri GP Garg takes charge as Executive Director, SEBI

Shri G P Garg took charge as Executive Director in SEBI on August 13, 2020.

Prior to his promotion as Executive Director, Shri Garg was Chief General Manager in SEBI and has handled several important assignments in SEBI since joining in January 1994. He has been closely associated with SEBI’s initiatives on Financial Literacy and Investor Education in the country.

Shri Garg played a key role in establishment of National Institute of Securities Markets (NISM) including setting up of the new state of the art campus at Patalganga. NISM is one of the largest certification institutes in the country besides being an academic institution.

Shri Garg has headed departments like Treasury and Accounts, Facilities Management, Establishment, Office of Investor Assistance and Education and Central Public Information Office. Shri Garg holds degree in Engineering, Law and Management.

• Later SC ruling cannot render an act done in compliance of a court order a statutory default
• Interest payment on mobilisation advance to NHAI not liable to TDS u/s 194A
• Typographical error in turnover accepted during assessment not a mistake apparent from record
• Plea that assessee was not aware of order cannot be brushed aside in absence of proof of service
• Order rejecting stay of income tax demand should recite merits if it is a case for stay or not