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SEBI Will Not Enable Applications For Virtual Internship After Covid Relaxation

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SEBI has said it will not entertain applications for virtual internship after relaxation of restrictionsSecurities and Exchange Board of India (SEBI) has actually specified that it will not captivate any application for virtual internship in its legal department after relaxation of Coronavirus related constraints by the government.In a notice released by the markets regulator, it was specified that on relaxation by the federal government related to finish or partial lockdown and relieving of travel restriction due to the pandemic, the internship programme will be according to the eligibility criteria and no application for virtual internship shall be entertained.SEBI on March 4, 2020, had invited applications for an internship programme in its legal department.The department heads of the particular law schools were needed to send applications advising not more than 3 applicants from their departments during a quarter, the market regulator had actually stated.

It had prohibited individual applicationsUnderlining the criteria for eligibility, SEBI had actually said at that time that the applicant need to be trainee of a law school or university which is recognised by the Bar Council of India and should have completed at least three years of the five-year LLB course or more years of the three-year LLB course.




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