The Constitutional Conduct Group, a group of former civil servants, on Wednesday (May 28) released a statement of solidarity with Ashoka University professor Ali Khan Mahmudabad who was arrested over his posts on Operation Sindoor.
“We are greatly distressed by the grave criminal charges levelled against Mahmudabad and his subsequent arrest,” the statement said, calling the charges “outrageous and absurd.” “The main burden of his posts was to make eloquent and heartfelt calls for peace,” it noted.
Calling the charges against Mahmudabad reminiscent of the colonial-era sedition law, the statement said that it “be a crime to seek justice for victims of lynching and bulldozer demolitions, or to call for peace and restraint.”
29/05/2025
Regulators & Conflicts of Interest: India’s Blind Spot https://www.youtube.com/watch?v=3y5UB6dZ4BA May 28, 2025
SEBI's new chairman, Tuhin Kanta Pandey, has openly acknowledged a serious lapse in transparency standards—an admission that starkly contrasts with past denials. In this powerful commentary, Sucheta Dalal breaks down the urgency of reforming SEBI’s outdated and voluntary conflict of interest code.
She argues that the High-Level Committee (HLC) must go beyond a cosmetic fix and set new benchmarks for all Indian regulators—from fixed tenures and cooling-off periods to blind trusts and broader definitions of conflicts.
With India allowing lateral entries into regulatory roles, the need for a legally binding code of ethics is more urgent than ever. Don’t miss this in-depth analysis of what went wrong—and what must happen next to restore credibility in India’s regulatory institutions.
Lokpal gives clean chit to Madhabi Puri Buch in Hindenburg case https://www.thehindu.com/news/national/lokpal-gives-clean-chit-to-madhabi-puri-buch-in-hindenburg-case/article69630578.ece the allegations in the complaints are more on presumptions and assumptions and not supported by any verifiable material and do not attract the ingredients of the offences in Part Ill of the (Prevention of Corruption) Act of 1988, so as to direct an investigation therefor. ..
“As noted in our order dated 20.09.2024, that report by itself cannot be made the sole basis to escalate action against the RPS [Ms. Buch],”....the analysis of the allegations by us ended with a finding that the same are untenable, unsubstantiated and bordering on frivolity,”..
https://www.moneylife.in/article/madhabi-puri-buch-gets-clean-chit-from-lokpal/77264.html "The complaint(s) under consideration were essentially founded on the Hindenburg Report dated 10.08.2024, by a known short seller trader whose focus was to expose or corner Adani Group of Companies," the Lokpal noted, highlighting concerns about the source material's credibility.
On the 5 crore investment by Buch and her husband in a fund linked to an Adani Enterprises director, the Bench observed that the money had been redeemed in 2018—well before SEBI began its Adani probe in 2020.
The order concluded: "We hold that the allegation that the RPS intentionally provided heavily redacted documents to the Expert Committee of the Hon'ble Supreme Court is devoid of merit, truly a veiled attempt to reopen and question the findings of the Supreme Court."
that Buch’s husband, Dhaval Buch, received over 4.78 crore as consultancy fees from Mahindra & Mahindra (M&M) Group while SEBI was handling regulatory issues related to the group, The Lokpal noting that “this allegation is speculative and borders on frivolity.”
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