https://www.taxtmi.com/acts?id=32839 Central Government may, by notification for up to six months, supersede the Board where a grave emergency, persistent default in complying with government directions or public interest necessitates it. Upon supersession members vacate office, the Government may direct persons to exercise the Board's powers, functions and duties, and Board property vests in the Central Government until reconstitution. The Government may reconstitute the Board before expiry and vacating members are not disqualified for appointment; a notification and full report must be laid before both Houses of Parliament. en-us Thu, 22 Nov 2018 14:29:58 +0530 Sat, 05 Jul 2025 09:18:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32839 Central Government may, by notification for up to six months, supersede the Board where a grave emergency, persistent default in complying with government directions or public interest necessitates it. Upon supersession members vacate office, the Government may direct persons to exercise the Board's powers, functions and duties, and Board property vests in the Central Government until reconstitution. The Government may reconstitute the Board before expiry and vacating members are not disqualified for appointment; a notification and full report must be laid before both Houses of Parliament. Act-Rules SEBI Thu, 22 Nov 2018 14:29:58 +0530 https://www.taxtmi.com/acts?id=32839