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<h1>SEBI Regulations Clarify Key Terms for Board Meetings, Define Roles of Chairman and Members per Section 4</h1> These regulations define key terms related to the Securities and Exchange Board of India (SEBI) and its procedures for board meetings. 'Act' refers to the Securities and Exchange Board of India Act, 1992. The 'Board' comprises members as per section 4 of the Act. 'Chairman' denotes the head of the Board, while 'Member' includes all board members, including the Chairman and both whole-time and part-time members. The term 'Schedule' refers to any schedule attached to these regulations. Words not defined here but defined in the Act retain their meanings from the Act.