9911796707
TMI BlogSecurities and Exchange Board of India (Procedure for making, amending and reviewing of Regulations) Regulations, 2025X X X X Extracts X X X X X X X X Extracts X X X X ..... he Securities Contracts (Regulation) Act, 1956 (42 of 1956), section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) and section 25 of the Depositories Act, 1996 (22 of 1996), the Board hereby makes the following regulations, namely, - CHAPTER I PRELIMINARY 1. Short title and commencement (1) These regulations may be called the Securities and Exchange Board of India (Procedure for making, amending and reviewing of Regulations) Regulations, 2025. (2) These regulations shall come into force on the date of their publication in the Official Gazette. 2. Definitions (1) In these regulations, unless the context otherwise requires, - (a) "Act" means the Securities and Exchange Board of India Act, 1992 (15 of 1992) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1996 (22 of 1996), the Companies Act, 2013 (18 of 2013), or any other enactment that confers specific powers and functions on the Board. 4. Public Consultation (1) For the purpose of making regulations, the concerned Department(s) of the Board shall publish the following on its official website to seek public comments: - (a) the proposal(s) containing the suggested changes to the policy, which shall include the draft of the proposed regulations; (b) the statutory provision enabling the proposed regulations; (c) a statement of the regulatory intent and objectives of the proposed regulations; and (d) the manner, process and timelines for receiving public comments. (2) A minimum of 21 calendar days shall ordinarily be provided for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied in Chapter II. 8. Review of Regulations The concerned Department(s) of the Board shall periodically review the regulations that are in force keeping in view:- (a) their stated objectives; (b) experience gained through surveillance, supervision and enforcement actions; (c) the relevant orders passed by courts or tribunals; (d) global best practices, if applicable; (e) the relevance and needs of a changed environment, if any; (f) the scope for reducing redundancies and promoting ease of doing business; and (g) any other factor as deemed relevant by the Board. CHAPTER IV MISCELLANEOUS 9. Non-applicability on certain matters (1) Notwithstanding anything contained in these regulations, the provisions of these regulations ..... X X X X Extracts X X X X X X X X Extracts X X X X
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