Section - 31 - Power of Securities and Exchange Board of India to make regulations
[Power of Securities and Exchange Board of India to make regulations.31. (1) Without prejudice to the provisions contained in section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India may, by notification in the Official Gazette, make regulations consistent with the provisions of this Act and the rules made thereunder to carry out the purposes of this Act.[(2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely :-
(a)
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the manner, in which at least fifty-one per cent of equity share capital of a recognised stock exchange is held within twelve months from the date of publication of the order under sub-section (7) of section 4B by the public other than the shareholders having trading rights under sub-section (8) of that section;
(b)
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the eligibility criteria and other requirements under section 17A;]
[(c)
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the terms determined by the Board for settlement of proceedings .... To read the full section download the app from Google Play store
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