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Section 7 – The Securities and Exchange Board of India Act, 1992

The Securities and Exchange Board of India Act, 1992

 

7. MEETINGS.

 

(1) The Board shall meet at such times and places, and shall observe such rules of procedure in regard to the transaction of business at its meetings (including quorum at such meetings) as may be provided by regulations.

 

(2) The Chairman or, if for any reason, he is unable to attend a meeting of the Board, any other member chosen by the members present from amongst themselves at the meeting shall preside at the meeting.

 

(3) All questions which come up before any meeting of the Board shall be decided by a majority vote of the members present and voting, and, in the event of an equality of votes, the Chairman, or in his absence, the person presiding, shall have a second or casting vote.

 

 

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The Securities and Exchange Board of India Act, 1992

 

Indian Laws – Bare Acts

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