Divan: SEBI would be able to institute a... ... ED v West Bengal & Mamata Banerjee Over IPAC Raid : Live Updates From Supreme Court

Divan: SEBI would be able to institute a proceeding which is significantly absent in the case of the character of the ED.

J Mishra: But SEBI is a regulatory authority. ED is not a regulatory body.

Divan: there may be certain regulatory authorities but the NHAI for example is not a regulatory body.