Notification under section 29A - Powers exercisable by Central Government delegated to SEBI - [F. No. 1/57/SE/93],

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<h1>India Central Government Delegates Additional Powers to SEBI for Stock Exchange Regulation under Securities Contracts Act 1956</h1> The Central Government of India has delegated several of its powers under the Securities Contracts (Regulation) Act, 1956, to the Securities and Exchange Board of India (SEBI) through a notification dated September 13, 1994. This delegation includes powers related to the recognition and withdrawal of recognition of stock exchanges, regulation of voting rights, control of spot delivery contracts, and hearing appeals against stock exchange decisions. These powers are in addition to those previously delegated to SEBI in 1992. The objective is to enhance investor protection and ensure a well-regulated stock market.

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