Delegation of central government powers may exclude rulemaking; insider trading enforcement is assigned to the securities regulator. Central Government may, by notification and subject to specified conditions, limitations and restrictions, delegate any powers or functions under the Act except the power to make rules; enforcement of forward dealing and insider trading provisions is assigned to the Securities and Exchange Board for listed or intending-to-be-listed companies, with authorised Board officers empowered to file complaints, and every delegation notification must be laid before each House of Parliament promptly.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Delegation of central government powers may exclude rulemaking; insider trading enforcement is assigned to the securities regulator.
Central Government may, by notification and subject to specified conditions, limitations and restrictions, delegate any powers or functions under the Act except the power to make rules; enforcement of forward dealing and insider trading provisions is assigned to the Securities and Exchange Board for listed or intending-to-be-listed companies, with authorised Board officers empowered to file complaints, and every delegation notification must be laid before each House of Parliament promptly.
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