Sections | Securities and Exchange Board of India Act, 1992 |
| Preamble |
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| CHAPTER I: PRELIMINARY |
1. | Short title, extent and commencement |
2. | Definitions |
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| CHAPTER II: ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD OF INDIA |
3. | Establishment and incorporation of Board |
4. | Management of the Board |
5. | Term of office and conditions of service of Chairman and members of the Board |
6. | Removal of member from office |
7. | Meetings |
7A. | Member not to participate in meetings in certain cases |
8. | Vacancies, etc. not to invalidate proceedings of Board |
9. | Officers and employees of the Board |
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| CHAPTER II: ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD OF INDIA |
10. | Transfer of assets, liabilities, etc. of existing Securities and Exchange Board to the Board |
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| CHAPTER IV: POWERS AND FUNCTIONS OF THE BOARD |
11. | Functions of Board |
11A. | Matters to be disclosed by the companies |
11AA. | Collective investment scheme |
11B. | Power to issue directions |
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| CHAPTER V: REGISTRATION CERTIFICATE |
12. | Registration of stock-brokers, sub-brokers, share transfer agents, etc. |
13. | Grants by the Central Government |
14. | Fund |
15. | Accounts and audit |
15A. | Penalty for failure to furnish information, return, etc. |
15B. | Penalty for failure by any person to enter into agreement with clients |
15C. | Penalty for failure to redress investors' grievances |
15D. | Penalty for certain defaults in case of mutual funds |
15E. | Penalty for failure to observe rules and regulations by an asset management company |
15F. | Penalty for default in case of stock brokers |
15G. | Penalty for insider trading |
15H. | Penalty for non-disclosure of acquisition of shares and takeovers |
15-I. | Power to adjudicate |
15J. | Factors to be taken into account by the adjudicating officer |
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| CHAPTER VIB: ESTABLISHMENT, JURISDICTION, AUTHORITY AND PROCEDURE OF APPELLATE TRIBUNAL |
15K. | Establishment of Securities Appellate Tribunals |
15L. | Composition of Securities Appellate Tribunal |
15M. | Qualifications for appointment as Presiding Officer of the Securities Appellate Tribunal |
15N. | Term of office |
15-O. | Salary and allowances and other terms and conditions of service of Presiding Officers |
15P. | Filling up of vacancies |
15Q. | Resignation and removal |
15R. | Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings |
15S. | Staff of the Securities Appellate Tribunal |
15T. | Appeal to the Securities Appellate Tribunal |
15U. | Procedure and powers of the Securities Appellate Tribunal |
15V. | Right to legal representation |
15W. | Limitation |
15X. | Presiding Officer and staff of Securities Appellate Tribunals to be public servants |
15Y. | Civil court not to have jurisdiction |
15Z. | Appeal to High Court |
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| CHAPTER VII: MISCELLANEOUS |
16. | Power of Central Government to issue directions |
17. | Power of Central Government to supersede the Board |
18. | Returns and reports |
19. | Delegation |
20. | Appeals |
20A. | Bar of jurisdiction |
21. | Saving |
22. | Members, officers and employees of the Board to be public servants |
23. | Protection of action taken in good faith |
24. | Offences |
25. | Exemption from tax on wealth and income |
26. | Cognisance of offences by courts |
27. | Offences by companies |
28. | Power to exempt |
29. | Power to make rules |
30. | Power to make regulations |
31. | Rules and regulations to be laid before Parliament |
32. | Application of other laws not barred |
33. | Amendment of certain enactments |
34. | Power to remove difficulties |
35. | Power to remove difficulties |
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| SCHEDULE |