Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.154(E) dated the 23rd February, 2000, issued under sub-section (I) read with clause (b) of the Explanation to section 35AC of the Income-tax Act
This circular is being issued in exercise of powers conferred by Sections 11(1) and 11A of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
This circular is being issued in exercise of powers conferred by Sections 11(1) and 1 1A of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market