Securities And Exchange Board of India Act, 1992
Section - 11B - Power to issue directions and levy penalty
Power to issue directions[and levy penalty].11B. [(1)] Save as otherwise provided in section 11, if after making or causing to be made an enquiry, the Board is satisfied that it is necessary,-
it may issue such directions,-
| (i) | - | in the interest of investors, or orderly development of securities market; or |
| (ii) | - | to prevent the affairs of any intermediary or other persons referred to in section 12 being conducted in a manner detrimental to the interest of investors or securities market; or |
| (iii) | - | to secure the proper management of any such intermediary or person, |
| (a) | - | to any perso .... To read the full section download the app from Google Play store
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