No question of turf wars, working in the interest of investors: Sebi chief

In November, the Supreme Court stayed a SAT order which had held that Sebi does not have the power to bar auditors

Capital markets regulator Sebi on Wednesday said its actions against auditors for faulty audits are within its "Parliamentary mandate", and there is no question of "turf wars" on this issue.

Sebi Chairman Ajay Tyagi said the watchdog is working only to protect the interests of investors and limiting its actions to auditors of publicly listed firms.

In 2018, the regulator banned Price Waterhouse for two years from auditing any listed firm for its role in the Satyam Computer Services scam. However, the audit firm had successfully challenged the same in the Securities Appellate Tribunal and got the order quashed.

In November, the Supreme