Securities And Exchange Board of India Act, 1992
Section - 10 - Transfer of assets, liabilities, etc., of existing Securities and Exchange Board to the Board
CHAPTER III
TRANSFER OF ASSETS, LIABILITIES, ETC., OF THE EXISTING SECURITIES AND EXCHANGE BOARD TO THE BOARD
Transfer of assets, liabilities, etc., of existing Securities and Exchange Board to the Board
.
10
. (1) On and from the date of establishment of the Board,-
| (a) | - | any reference to the existing Securities and Exchange Board in any law other than this Act or in any contract or other instrument shall be deemed as a reference to the Board; |
| (b) | - | all properties and assets, movable and immovable, of, or belonging to, the existing Securities and Exchange Board, shall vest in the Board; |
| (c) | - | all rights and liabilities of the existing Securities and Exchange Board shall be transferred to, and be the rights and liabilities of, the Board; |
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