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of <h1>SEBI personnel deemed public servants under Section 22, subject to criminal liability for misconduct</h1> Section 22 of the Securities and Exchange Board of India Act, 1992 establishes that all members, officers and employees of the Board are deemed public servants under section 21 of the Indian Penal Code when acting pursuant to the Act's provisions. This statutory designation subjects Board personnel to the legal framework governing public servants, including associated duties, responsibilities and potential criminal liability for misconduct in their official capacity while performing regulatory functions.
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