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of <h1>Govt Delegates Powers to SEBI Officer for Handling Offences Under Companies Act Sections 56, 59, 63, 68, 73, 113, 207.</h1> The Central Government, under the authority of section 621(1) of the Companies Act, 1956, delegates specific powers and functions to an officer from the Securities and Exchange Board of India. This delegation pertains to handling offences under various sections of the Companies Act, including sections 56(3), 59(1), 63, 68, 73(2) and (2B), 113(2), and 207. This notification, originally issued on November 24, 1993, was later amended on February 15, 1994.
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