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of <h1>India Sets Rules for Securities Inquiries and Penalties Under SEBI Act, 1992; Detailed in 1995 Notification G.S.R. 541(E).</h1> The Central Government of India, under the authority granted by the Securities and Exchange Board of India Act, 1992, has established rules for conducting inquiries and imposing penalties by an adjudicating officer. These rules are outlined in the Securities and Exchange Board of India (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 1995. The notification was issued by the Ministry of Finance, Department of Economic Affairs, on July 10, 1995, and is identified as G.S.R. 541(E).
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