Definition of securities laws clarifies coverage and key terms for SEBI settlement and specified proceedings. Regulation 2 defines key terms for the SEBI settlement framework: securities laws to include the SEBI Act, the Securities Contracts (Regulation) Act and ... Summary
Definition of securities laws clarifies coverage and key terms for SEBI settlement and specified proceedings.
Regulation 2 defines key terms for the SEBI settlement framework: securities laws to include the SEBI Act, the Securities Contracts (Regulation) Act and the Depositories Act with their rules; and terms such as alleged default, Board, panel of whole time members, specified proceedings, specified (as set by the Board) and Tribunal; it also provides that undefined terms take their meanings from the Act, the Companies Act, the Securities Contracts (Regulation) Act or the Depositories Act and their amendments.
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