Business

Sebi plans to rope in agency to trace entities, serve summons ‘

PNS

Markets regulator Sebi is looking to rope in an independent  agency that will trace accused entities against whom notices have been issued by the authorities, and serve summons to them.The work is expected to be carried out by engaging systems through competent manpower such as ex-servicemen, ex-police personnel, investigators, detectives and alike. In a notice issued on Monday, the regulator invited applications for empanelment of an agency for providing such services. The scope of the work includes tracing of accused entity based on records and  addresses provided by the regulator and serving of summons or notices issued by the Sebi’s special courts and Sebi authorities .