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, |
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
CCI
Pro
CAclubindia
