Securities And Exchange Board of India Act, 1992
Section - 17 - Power of Central Government to supersede the Board
Power of Central Government to supersede the Board
.
17
. (1) If at any time the Central Government is of opinion-
the Central Government may, by notification, supersede the Board for such period, not exceeding six months, as may be specified in the notification.
(2) Upon the publicat .... To read the full section download the app from Google Play store
| (a) | - | that on account of grave emergency, the Board is unable to discharge the functions and duties imposed on it by or under the provisions of this Act; or |
| (b) | - | that the Board has persistently made default in complying with any direction issued by the Central Government under this Act or in the discharge of the functions and duties imposed on it by or under the provisions of this Act and as a result of such default the financial position of the Board or the administration of the Board has deteriorated; or |
| (c) | - | that circumstances exist which render it necessary in the public interest so to do, |
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie
Vakilsearch.com
Chennai
CA Inter
View Details
ARTICLESHIP
07 July 2026
Articleship
Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
View Details
ARTICLESHIP
28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com
VNSS & Co
Mumbai
Others
View Details
CCI
Pro
CAclubindia
Follow