May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 47: The Securities and Exchange Board of India | 611 |
SEBI should be the sole authority for framing regulations for
all matters related to such issues.
SEBI should be authorized to frame regulations relating
to transfer of securities and must be vested with powers of
investigation and enforcement.
The scope of powers and functions of the SEBI board be
enlarged and a new defi nition of issues be drafted because
the defi nition under the Companies Act is far too limited as
all issuers are not companies but other forms of legal entities
which currently do not come under its purview.
Suggestions for SEBI’s Improvement
In the ...
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