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    <title>2002 (2) TMI 1243 - HIGH COURT OF DELHI</title>
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    <description>The Delhi HC upheld the statutory delegation empowering SEBI to make rules and regulations for investor protection, securities market regulation, and intermediary registration, finding that parliamentary laying requirements supplied sufficient legislative control. It also upheld the registration fee provisions, noting that the levy applied to stock-brokers and intermediaries, not investors, and that the absence of separate minimum or maximum limits did not by itself make the delegation invalid where the statutory purpose and supervision were present.</description>
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      <description>The Delhi HC upheld the statutory delegation empowering SEBI to make rules and regulations for investor protection, securities market regulation, and intermediary registration, finding that parliamentary laying requirements supplied sufficient legislative control. It also upheld the registration fee provisions, noting that the levy applied to stock-brokers and intermediaries, not investors, and that the absence of separate minimum or maximum limits did not by itself make the delegation invalid where the statutory purpose and supervision were present.</description>
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      <pubDate>Fri, 22 Feb 2002 00:00:00 +0530</pubDate>
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