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SEBI has to be responsive to the needs of three groups, which constitute the market: issuers of securities; investors; market intermediaries; SEBI has three powers rolled into one body: quasi-legislative, quasi-judicial and quasi-executive. It drafts regulations in its legislative capacity, it conducts investigation and enforcement action in ...
The Securities and Exchange Board of India is the sole regulator of the Indian Securities Market. Its Preamble describes its basic function as "...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incid thereto" [2]
Securities Laws (Amendment) Act, 2014 is a legislation in India which provided the securities market regulator Securities and Exchange Board of India (SEBI) with new powers to effectively pursue fraudulent investment schemes, especially ponzi schemes. [1]
The grounding system must also have a minimum of two or more earth pits (electrodes) to better ensure proper grounding. According to rule 42, an installation with a connected load above 5 kW exceeding 250 V shall have a suitable earth leakage protective device to isolate the load in case of earth fault or leakage.
Under CEAR, rule 41, there is specific provision of earthing neutral wire of a 3-phase, 4-wire system and the additional third wire of a 2- phase, 3-wire system. Earthing is to be done with two separate connections. Grounding system also to have minimum two or more earth pits (electrode) such that proper grounding takes place.
These regulations apply to all pooled investment funds registered in India which received capital from Indian or foreign investors. [1] These were made to regulated funds that were not covered under the SEBI (Mutual Funds) Regulations, 1996; SEBI (Custodian Of Securities) Regulations, 1996 and any other regulations of SEBI. [2]
The main responsibilities of OISD are: Standardization; Accident analysis; Evaluation of safety performance. [1]OISD has framed rules and guidelines for safe distances to be observed for various facilities in an oil installation.
In late 2002, SEBI constituted a Committee to assess the adequacy of current corporate governance practices and to suggest improvements. Based on the recommendations of this committee, SEBI issued a modified Clause 49 on 29 October 2004 (the ‘revised Clause 49’) which came into operation on 1 January 2006.