Madhu Sahoo

[email protected]
+91 9999681768
Dr. M. S. Sahoo, an authority on markets and regulations, practices regulatory laws at Dr. Sahoo Regulatory Chambers. He has over four decades of experience in economic policy and reforms, including two decades in regulations relating to financial markets. With a distinguished career, Dr. Sahoo has played high-impact roles, including Distinguished Professor, National Law University Delhi; Chairperson, Insolvency and Bankruptcy Board of India (IBBI); Member, Competition Commission of India (CCI); Secretary, Institute of Company Secretaries of India (ICSI); Whole-time Member, Securities and Exchange Board of India (SEBI); and Economic Adviser, National Stock Exchange of India Limited (NSEIL). As a Member of the Indian Economic Service, he has served the Ministries of Finance and Commerce and the Prime Minister’s Office. He held board positions with several organisations, including Oriental Bank of Commerce, Management Development Institute, and National Securities Depository Limited. Dr. Sahoo spearheaded insolvency reforms. He founded IBBI, the first-of-its-kind regulator globally, and the Insolvency and Valuation professions in India. His work earned India recognition as the ‘most improved jurisdiction’ by the Global Restructuring Review in 2018 and significantly improved its Ease of Doing Business ranking from 136 to 52 in resolving insolvency in the first three years. Dr. Sahoo contributed to securities market reforms, including regulatory architecture, derivatives trading, and stock exchange demutualisation. He is singularly responsible for conceiving and drafting the Depositories Ordinance, 1995, which enabled the dematerialisation of securities, positioning India as a leader in this field. A passionate advocate of knowledge-sharing, Dr. Sahoo conceptualised and authored several publications, including Indian Securities Market - A Review, NSE Research Initiative, Stock Exchange Factbook, SEBI Bulletin, NSE News, and Insolvency and Bankruptcy News. He edited a professional journal, Chartered Secretary, for two years. He pioneered technology integration in professional examinations, starting with India’s first online examination system, NSE’s Certification in Financial Markets (NCFM), and technology-led examinations for Company Secretaries, Insolvency Professionals, and Valuers. Dr. Sahoo chaired several high-level committees at the frontier of reforms, such as domestic and overseas capital markets, external commercial borrowing, valuation, variable capital companies, international arbitration, assured pension, insolvency, and competition, all of which influenced India’s regulatory and economic landscape. With over 500 articles published, he remains an influential voice, shaping policy discourse through his writings, interviews, and speeches. A distinguished professional, Dr. Sahoo is a Company Secretary with advanced degrees in economics, law, and management, and a PhD in Economics.