New Delhi: Soon after the government relaxed COVID-19 restrictions, the Capital market regulator — the Securities and Exchange Board of India (Sebi) — said on Wednesday that it will not allow any virtual internship in its legal department.
“Upon relaxation of the government advisory relating to complete/partial lockdown and lifting of travel restrictions on account of COVID-19, the internship program shall be as per the eligibility criteria and other terms as provided in the advertisement dated March 4, 2020,” the securities and commodity market regulatory body said via a notice.
“No application for virtual internship shall be entertained,” it added.
The Sebi had invited applications for an internship programme in its legal department on March 4.
According to the authorities, heads of the department or the course coordinators of the respective law schools or universities in charge of the internship program need to submit applications recommending not more than three applicants from their law school in a given quarter.
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