Section 4 - Management of the Board - Securities and Exchange Board of India Act, 1992

Extract

Management of the Board. 4. (1) The Board shall consist of the following members, namely:- (a) a Chairman; (b) two members from amongst the officials of the 1 [Ministry] of the Central Government dealing with Finance 2 [and administration of the Companies Act, 1956 (1 of 1956)]; (c) one member from amongst the officials of 3 [the Reserve Bank]; 4 [(d) five other members of whom at least three shall be the whole-time members,] to be appointed by the Central Government. (2) The general superintendence, direction and management of the affairs of the Board shall vest in a Board of members, which may exercise all powers and do all acts and things which may be exercised or done by the Board. (3) Save as otherwise determined by regulations, the Chairman shall also have powers of general superintendence and direction of the affairs of the Board and may also exercise all powers and do all acts and things which may be exercised or done by that Board. (4) The Chairman and members referred to in clauses (a) and (d) of sub-section (1) shall be appointed by the Central Government and the members referred to in clauses (b) and (c) of that sub-section shall be nominated by the Central Government and the 5 [Reserve Bank] respectively. (5) The Chairman and the other members referred to in clauses (a) and (d) of sub-section (1) shall be persons of ability, integrity and standing who have shown capacity in dealing with problems relating to securities market or have special knowledge or experience of law, finance, economics, accountancy, administration or in any other discipline which, in the opinion of the Central Government, shall be useful to the Board. ********** 1 Substituted for ―Ministries‖ by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002. 2 Substituted for ―and law‖, by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002. 3 Substituted for the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act 1934 (2 of 1934) , by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002. 4 Substituted by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002. Prior to its substitution, clause (d) read as: (d) two other members . 5 Substituted for Reserve Bank of India‖ by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002.

S.O. 3763(E) - Dated: 3-9-2024 - SEBI - Seeks to amend Notification No. S.O. 195(E) dated 09.03.1992
S.O. 3665(E) - Dated: 16-8-2023 - SEBI - Appointment of Whole Time Member of Securities and Exchange Board of India - Shri Amarjeet Singh, Executive Director.
S.O. 3664(E) - Dated: 16-8-2023 - SEBI - Appointment of Whole Time Member of Securities and Exchange Board of India - Shri Kamlesh Chandra Varshney, IRS (IT:1990), Joint Secretary, Department of Revenue, Government of India
S.O. 5770 (E) - Dated: 9-12-2022 - SEBI - Appointment of member of SEBI - Amendment in Notification No. S.O. 195(E) dated 09.03.1992
S.O. 1026 (E) - Dated: 8-3-2022 - SEBI - Amendment in Notification No. S.O. 195(E) dated 09.03.1992
S.O. 1025 (E) - Dated: 8-3-2022 - SEBI - Amendment in Notification No. S.O. 147(E) dated 21.02.1992
S.O. 2289 (E) - Dated: 11-6-2021 - SEBI - Amendment in Notification S.O. 147 dated 21st February, 1992
S.O. 4796(E) - Dated: 31-12-2020 - SEBI - Amendment in Notification No. S.O. 147(E) dated 21st February, 1992 - Appoints the persons as Chairman and Member of the Board (SEBI)
S.O. 911(E) - Dated: 28-2-2020 - SEBI - Central Government extends the term of appointment of Shri Ajay Tyagi as Chairman of the Securities and Exchange Board of India for a period of six months beyond 29.02.2020
S.O. 3330(E) - Dated: 17-9-2019 - SEBI - Seeks to amend Notification No. S.O. 17(E) dated 2nd January 2019
S.O. 2000 (E) - Dated: 19-6-2019 - SEBI - Central Government appoints Dr. V. Ravi Anshuman as Part Time Member of the Securities and Exchange Board of India for a period of three years
S.O. 1512(E) - Dated: 1-4-2019 - SEBI - Central Government nominates Shri K.V.R. Murty, Joint Secretary, Ministry of Corporate Affairs as Member of the Securities and Exchange Board of India (SEBI) vice Shri Injeti Srinivas, Secretary, Ministry of Corporate Affairs with immediate effect and until further orders
S.O. 17 (E) - Dated: 2-1-2019 - SEBI - Seeks to amend notification no. S.O. 2419(E) dated 28th July, 2017
F. No. 2/4/2017-RE - S.O. 3730(E) - Dated: 30-7-2018 - SEBI - Central Government appoints Shri Anant Barua, Executive Director, Securities and Exchange Board of India, for a period of 3 years
S.O. 3720 (E). - Dated: 23-11-2017 - SEBI - Appoints Shri Injeti Srinivas, Secretary, Ministry of Corporate Affairs as Part Time Member of the Securities and Exchange Board of India (SEBI) vice Shri Tapan Ray, former Secretary, Ministry of Corporate Affairs with immediate effect and until further orders.
S.O. 2419(E) - Dated: 28-7-2017 - SEBI - Amendment in the notification of the Government of India, in the Ministry of Finance, Department of Economic Affairs, number S.O. 2889(E) dated 20th October, 2015.
S.O. 960(E) - Dated: 25-3-2017 - SEBI - Appoints Smt. Madhabi Puri Buch to the post of Whole Time Member, Securities and Exchange Board of India.
S.O. 521(E) - Dated: 17-2-2017 - SEBI - Appoints Shri Ajay Tyagi, IAS(HP:1984) as Chairman of Securities and Exchange Board of India (SEBI) initially for a period of 03 years from the date he assumes charge of the post, or until further orders.
S.O. 3185(E) - Dated: 7-10-2016 - SEBI - Appoints Shri Gurumoorthy Mahalingam as Whole Time Member in Securities and Exchange Board of India from the date of his assumption of charge for a period of five years.
S.O. 524(E) - Dated: 18-2-2016 - SEBI - Re-appoints Shri U. K. Sinha to the post of Chairman, SEBI.
S.O. 2889(E) - Dated: 20-10-2015 - SEBI - Amendment in the notification of the Government of India, in the Ministry of Finance, Department of Economic Affairs, number S.O.2931(E) dated 12th November, 2014.
S.O. 2727(E) - Dated: 5-10-2015 - SEBI - Central Government hereby appoints Shri Tapan Ray, Secretary, Ministry of Corporate Affairs as Part Time Member of the Securities and Exchange Board of India (SEBI).
S.O. 2083(E) - Dated: 28-7-2015 - SEBI - Appoints Shri Arun P. Sathe, as Part Time Member of the Securities and Exchange Board of India for a period of three years.
S.O. 795(E) - Dated: 18-3-2015 - SEBI - Appoints Ms. Anjuly Chib Duggal, Secretary, Ministry of Corporate Affairs as Part Time Member of the Securities and Exchange Board of India (SEBI).
S.O. 3027(E) - Dated: 28-12-2012 - SEBI - Central Government hereby appoints Shri S. Raman, as Whole Time Member (WTM) of the Securities and Exchange Board of India.
S.O. 1786(E) - Dated: 8-8-2012 - SEBI - Central Government hereby appoints Shri Prashant Saran, as Whole Time Member (WTM) of the Securities and Exchange Board of India.
S.O. 2030(E) - Dated: 23-8-2011 - SEBI - Central Government hereby appoints Shri Nayed Masood, Secretary, Ministry of Corporate as Part Time Member of the Securities and Exchange Baud of India (SEBI).
S.O. 476(E) - Dated: 4-3-2011 - SEBI - Central Government hereby appoints Shri D.K. Mittal, Secretary, Ministry of Corporate Affairs as Parr Time Member of the Securities and Exchange Board of India (SEBI).
S.O. 2619(E) - Dated: 14-10-2009 - SEBI - Central Government hereby appoints Shri R. Bandyopadhyay, Secretary. Ministry of Corporate Affairs Part Time Member of the Securities and Exchange Board of India (SEBI).
S.O. 2167(E) - Dated: 8-9-2008 - SEBI - Appoints Shri T.V. Mohandas Pai, Director Infosys Technologies Ltd. Bangalore as a part-time Member of the Securities and Exchange Board of India.
S.O. 332(E) - Dated: 15-2-2008 - SEBI - Appoints Shri C B. Bhave, presently Chairman and Managing Director, National Securities Depository Limited as Chairman of the Securities and Exchange Board of India.
S.O. 20(E) - Dated: 31-12-2007 - SEBI - Appoints Dr. G. Mohan Gopal, Director, National Judicial Academy, Bhopal, as a part-time member of the Securities and Exchange Board of India.
F. No. 5/70/CM/2004-S.O.1048(E). - Dated: 11-7-2006 - SEBI - Central Government approves the continuation of Shri G. Anantharaman as Whole Time Member of the Securities and Exchange Board of India w.e.f. 1-9-2006 to 14-12-2007
F. No. 5/70/CM/04-S.O. 921(E) - Dated: 20-6-2006 - SEBI - Central Government approves the continuation of Shri G. Anantharaman as Whole Time Member of the Securities and Exchange Board of India beyond 20-6-2006 till 31-8-2006
F. No. 5/57/CM/2002-S.O.543(E) - Dated: 13-4-2006 - SEBI - Central Government appoints Dr. Ashok K. Lahiri, Chief Economic Adviser, Department of Economic Affairs, Ministry of Finance, as a Part-time Member of the Securities and Exchange Board of India
F. No. 5/70/CM/2004-S.O. 1830(E) - Dated: 28-12-2005 - SEBI - Central Government appoints Dr. T. C. Nair as Whole Time Member of the Securities and Exchange Board of India
S.O. 1805(E) - Dated: 23-12-2005 - SEBI - Amendment in the notification number S.O. 147 (E) dated the 21st February, 1992
S.O. No.1738(E) - SEBI/LE/55283/2005 - Dated: 7-12-2005 - SEBI - Renewal of recognition to Magadh Stock Exchange Association, Patna
S.O. No.1312(E) - SEBI/LE/49313/2005 - Dated: 14-11-2005 - SEBI - Renewal of recognition to Coimbatore Stock Exchange Limited, Coimbatore.
S.O. No.1570(E) - SEBI/LE/53176/2005 - Dated: 2-11-2005 - SEBI - Renewal of recognition to Cochin Stock Exchange Limited, Cochin.
S.O. No.936(E) - SEBI/LE/43510/2005 - Dated: 30-6-2005 - SEBI - Notification under section 11(3) of the Securities Contracts (Regulation) Act, 1956 for Extending the period of supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited.
S.O. No.935(E) - SEBI/LE/43504/2005 - Dated: 30-6-2005 - SEBI - Notification under section 11(3) of the Securities Contracts (Regulation) Act, 1956 for Extending the Period of supersession of the Council of Management of Bhubaneswar Stock Exchange
S.O. 904(E) - SEBI/LE/43508/2005 - Dated: 29-6-2005 - SEBI - Notification under section 11(3) of the Securities Contracts (Regulation) Act, 1956 for extending the period of supersession of the Committee of the Calcutta Stock Exchange Association Limited
F. No. 5/60/CM/2003-S.O. 591(E) - Dated: 26-4-2005 - SEBI - Central Government appoints Shri Venu Srinivasan, Managing Director, Sundaram Clayton Ltd., Chennai as Part-time Member, SEBI for a period of three years
F. No. 5/11/CM/2005-S.O. 233(E) - Dated: 18-2-2005 - SEBI - Central Government appoints Shri M. Damodaran, IAS (MT: 1971), presently Chairman and Managing Director, Industrial Development Bank of India
S.O. No.6(E) - SEBI/LE/29503/2004 - Dated: 30-12-2004 - SEBI - Extending the Period of Supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited. The Vadodara Stock Exchange Ltd. shall not commence trading unless the suggestions/observations made in the inspection report and communicated to the Exchange.
S.O. No.1430(E) - SEBI/LE/29081/2004 - Dated: 30-12-2004 - SEBI - Extension of the tenure of Shri Jai Prakash Verms, IPS (Retd.) as an Administrator to exercise and perform all the powers and duties of the Council of Management.
F. No. 5/57/CM/2002-S.O. 1371(E) - Dated: 14-12-2004 - SEBI - Central Government appoints Shri Madhukar as whole time Member of the Securities and Exchange Board of India
F. No. 5/57/CM/2002-S.O. 1370(E) - Dated: 14-12-2004 - SEBI - Central Government appoints Shri G. Anantharaman as whole time Member of the Securities and Exchange Board of India
S.O. 1313(E) - SEBI/LE/26450/04 - Dated: 30-11-2004 - SEBI - Extending the period of Supersession of the Committee of the Calcutta Stock Exchange Association Ltd.
S.O. No.1025(E) - SEBI/LE/21059/04 - Dated: 21-9-2004 - SEBI - Notification under section 11(3) of the Securities Contracts (Regulation) Act, 1956 for extending the period of supersession of the Governing Board of Ahmedabad Stock Exchange
S.O. No.399(E) - SEBI/LE/5304/04 - Dated: 24-3-2004 - SEBI - Extention of Period of Supersession of Governing Board of Ahmedabad Stock Exchange.
F.No. SEBI/LE/272/04 - Dated: 8-1-2004 - SEBI - Order under section 11 of the Securities Contracts (Regulation) Act, 1956 Extending the Period of Supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited.
F.No. SEBI/LE/24611/03 - Dated: 1-1-2004 - SEBI - Order under section 11 of the Securities Contracts (Regulation) Act, 1956 extending the period of supersession of the Council of Management of Bhubaneswar Stock Exchange.
S.O. No.789(E) - SEBI/LE/12829/2003 - Dated: 9-7-2003 - SEBI - Supersession of Governing Board of U.P. Stock Exchange Association Limited Extended for 6 Months.
F. No. 5/57/CM/02-S.O. 700(E) - Dated: 17-6-2003 - SEBI - Central Government appoints Shri A.K. Batra as whole time Member of the Securities and Exchange Board of India
F. No. 5/57/CM/02-S.O. 699(E) - Dated: 17-6-2003 - SEBI - Central Government appoints Shri T.M. Nagarajan as whole time Member of the Securities and Exchange Board of India
S.O. No.398(E) - SEBI/LE/6668/2003 - Dated: 4-4-2003 - SEBI - Order In The Matter Of Superseding The Board Of Directors Of Pune Stock Exchange Limited Under Section 11 Of The Securities Contracts (Regulation) Act, 1956.
S.O. No.314(E) - SEBI/LE/2096/03 - Dated: 25-3-2003 - SEBI - Order Under Section 11 of the Securities Contracts (Regulation) Act, 1956 Superseding the Governing Board of Ahmedabad Stock Exchange
S.O. No.5(E) - SEBI/LE/23/03 - Dated: 3-1-2003 - SEBI - Order under Section 11 of the Securities Contracts (Regulation) Act, 1956 superseding the Council of Management of Bhubaneshwar Stock Exchange.
S.O. No.732(E) - SEBI/LE/12829/02 - Dated: 17-7-2002 - SEBI - Order U/s 11 of the Securities Contracts (Regulation) Act, 1956 Superseding the Board of Directors of the Uttar Pradesh Stock Exchange Association Ltd.
S.O. No.573(E) - 5/24/CM/2002 - Dated: 28-5-2002 - SEBI - Amendment in the notification number S.O. 147(E) dated the 21st February, 1992.
S.O. No.535(E) - SEBI/LE/8579/2002 - Dated: 20-5-2002 - SEBI - Securities and Exchange Board of India (hereinafter referred to as SEBI) had discussed the issue of demutualisation with the stock exchanges from time to time.
S.O. No.439(E) - SEBI/LE/6220/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Vadodara stock Exchange has failed to comply with the said order within the time stipulated
S.O. No.438(E) - SEBI/LE/6216/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Mangalore Stock Exchange has failed to comply with the said order within the time stipulated.
S.O. No.437(E) - SEBI/LE/6215/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Pune Stock Exchange has failed to comply with the said order within the time stipulated therein.
S.O. No.436(E) - SEBI/LE/6214/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Madras Stock Exchange has failed to comply with the said order within the time.
S.O. No.435(E) - SEBI/LE/6213/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges Jaipur Stock Exchange Limited.
S.O. No.434(E) - SEBI/LE/6212/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges; and Whereas Hyderabad Stock Exchange Limited has failed to comply with” the said order within the time stipulated.
S.O. No.433(E) - SEBI/LE/6211/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges.
S.O. No.432(E) - SEBI/LE/6208/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Cochin Stock Exchange Limited has failed to comply with the said order within the time stipulated.
S.O. No.431(E) - SEBI/LE/6207/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges Bhubaneshwar Stock Exchange
S.O. No.430(E) - SEBI/LE/6204/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Bangalore Stock Exchange Limited has failed to comply with the said order within the time stipulated.
S.O. No.429(E) - SEBI/LE/6203/02 - Dated: 17-4-2002 - SEBI - Central Government to segregate ownership and trading membership from management of stock exchanges.
F. No. 5/14/CM/2001-S.O. 215(E) - Dated: 19-2-2002 - SEBI - Central Government appoints Shri G. N. Bajpai, Chairman, Life Insurance Corporation of India as the Chairman of the Securities and Exchange Board of India
F. No. 5/11/CM/2000-S.O. 813(E) - Dated: 22-8-2001 - SEBI - Amendment in the notification No. 195(E) published in the Gazette of India, Extraordinary, Part II, Section 3 sub-section (ii) dated 9th March, 1992.
F. No. 5/25/CM/2001-S.O. 704(E) - Dated: 25-7-2001 - SEBI - Amendment in the notification No. SO 147(E) dated the 21st February, 1992,
F. No. 5/56/CM/2000-S.O. 89(E) - Dated: 31-1-2001 - SEBI - Amendment in the notification of the Government of India, in the Ministry of Finance, Department of Economic Affairs, number S.O. 147(E) dated the 21st February, 1992
F. No. 5/11/CM/2000-S.O. 88 (E) - Dated: 31-1-2001 - SEBI - Amendment in the notification No. 195(E) published in the Gazette of India, Extraordinary, Part-II, Section 3 sub-section (ii) dated the 9th March, 1992
F. No. 5/11/CM/2000-S.O. 277(E) - Dated: 28-3-2000 - SEBI - Amendment in the notification No. S. O. 195 (E) published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated the 9th March, 1992
F. No. 5/34/CM/99-SO. 181(E) - Dated: 29-2-2000 - SEBI - Central Government appoints Dr. Jayanth Rama Varma, as a full time Member of the Securities and Exchange Board of India
F. No. 5/29/CM/99-S.O. 139(E) - Dated: 19-2-2000 - SEBI - Central Government appoints Shri D.R. Mehta as the Chairman of the Securities and Exchange Board of India
F. No. 20/26/CM/93-S.O. 818(E) - Dated: 15-9-1998 - SEBI - Central Government appoints Shri Kumar Mangalam Birla, Chairman, M/s. Aditya Birla Group Companies, as a part- time member of the Securities and Exchange Board of India
S.O. No.765(E) - F.No. 20(3) CM/92 - Dated: 3-9-1998 - SEBI - Amendment in the notification No. S.O. 195(E) published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) dated the 9th March, 1992
S.O. No.822(E) - SEBI/LE/2216/97 - Dated: 5-12-1997 - SEBI - Order U/s 11 of the Securities Contracts (Regulation) Act, 1956 Superseding the Council of Management of the Magadh Stock Exchange.
S.O. No.887(E) - F.No. 20(26)/CM/93 - Dated: 20-12-1996 - SEBI - Central Government hereby appoints Dr. Jayanth Rama Varma, Professor, Indian Institute of Management, Ahmedabad.
F. No. 20 (3) CM/92-S.O. 719(E) - Dated: 17-10-1996 - SEBI - Amendment in the Notification no. S.O.195 (E) published in the Gazette of India (Extraordinary) part II
F No 20(3) S E/92-S.O. 644(E) - Dated: 19-9-1996 - SEBI - Amendment in the Notification No. S O 147(E) dated the 21st February, 1992
F. No. 20(3) SE/92-S.O. 450 (E) - Dated: 21-6-1996 - SEBI - Amendment in the notification No. S.O. 147 (E), dated the 21st February, 1992
F. No. 5/25/CM/95-S.O. 632(E) - Dated: 12-7-1995 - SEBI - Amendment in the notification No. S.O. 147(E) dated 21st February, 1992
F. No. 5/7/CM-95-S. O. 109(E) - Dated: 17-2-1995 - SEBI - Central Government appoints Shri D.R. Mehta as the Chairman of the Securities and Exchange Board of India
F. No. 20(26)CM/93-S.O. 154(E) - Dated: 7-2-1994 - SEBI - Central Government appoints Dr. L.C. Gupta, Director, The Society for Capital Market Research and Development, New Delhi as a part-time Member of the Securities and Exchange Board of India
F. No. 20/3/SE/92-S.O. 27(E) - Dated: 17-1-1994 - SEBI - Central Government appoints Shri S.S. Nadkarni as the Chairman of the Securities and Exchange Board of India
F. No. 20(3)SE/92-S.O. 761(E) - Dated: 7-10-1993 - SEBI - Amendment in the notification No. S.O. 195(E) published in the Gazette of India
F. No. 20(3)SE/92-S.O. 483 (E) - Dated: 5-7-1993 - SEBI - Amendment in the notification No. S.O. 147(E) published in the Gazette of India
F. No. 20(3)SE/92-S.O. 821 (E) - Dated: 5-11-1992 - SEBI - Amendment in the notification No. S.O. 147(E) published in the Gazette of India