Delegation of administrative authority: government authorised a SEBI officer to exercise powers over specified companies law offences. The Central Government authorises a named officer of the Securities and Exchange Board of India to exercise the government's delegated powers under the Companies Act for enforcement of designated offences, limiting the delegation to the specific company law contraventions listed in the notification and confining the authorised function to execution of statutory powers for those offences.
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 administrative authority: government authorised a SEBI officer to exercise powers over specified companies law offences.
The Central Government authorises a named officer of the Securities and Exchange Board of India to exercise the government's delegated powers under the Companies Act for enforcement of designated offences, limiting the delegation to the specific company law contraventions listed in the notification and confining the authorised function to execution of statutory powers for those offences.
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