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The Securities and Exchange Board of India Act, 1992 is an act that was enacted for regulation and development of securities market in India. It was amended in the years 1995, 1999, and 2002 to meet the requirements of changing needs of the securities market.
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 ...
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However, before conducting such searches SEBI must obtain a warrant from a Mumbai court. [8] Any unregistered scheme with a capital of more than a ₹100 crore was deemed a collective investment scheme, allowing SEBI to regulate it. [2] Under pre-existing regulations, all collective investment schemes had to register with SEBI.
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.
Securities Appellate Tribunal is an Indian statutory and autonomous body created to hear appeals against the orders of India's main financial regulators.The presiding officer and other members of the Board are elected by the selection committee of the Prime Minister of India.
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.
It is enforced by the Securities and Exchange Board of India (SEBI). The regulations have been primarily designed to protect the investors. [1] This replace an older set of regulations from 1993. SEBI had been regulating the mutual fund market since 1991. [2]