PROHIBITION OF MANIPULATIVE AND DECEPTIVE DEVICES, INSIDER TRADING AND SUBSTANTIAL ACQUISITION OF SECURITIES OR CONTROLSecurities and Exchange Board of India Act, 1992
PROHIBITION OF MANIPULATIVE AND DECEPTIVE DEVICES, INSIDER TRADING AND SUBSTANTIAL ACQUISITION OF SECURITIES OR CONTROLSecurities and Exchange Board of India Act, 1992
Resignation and removal of tribunal members: central government may remove after judicial inquiry for specified misconduct with opportunity to be heard. A Presiding Officer or any other Member may resign by written notice to the Central Government and normally continues in office for a transitional period ... Summary
Resignation and removal of tribunal members: central government may remove after judicial inquiry for specified misconduct with opportunity to be heard.
A Presiding Officer or any other Member may resign by written notice to the Central Government and normally continues in office for a transitional period until three months after notice, succession, or term expiry. The Central Government may remove a Presiding Officer or any other Member after an inquiry by a Judge of the Supreme Court on grounds such as insolvency, incapacity, conviction involving moral turpitude, abuse of position detrimental to public interest, or prejudicial financial interest; removal on certain grounds requires reasonable opportunity to be heard, and the Central Government may make rules for investigation procedure.
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