Banking Law

Ans:  11 : Functions of the board. 11A: Board to regulate or issue of prospectus  11AA: Collective investment scheme  11B: power to issue directions  11C: Investigation  11D: Cease and desist proceedings. FBC PIC

Ans: Section 8 deals with vacancies not to invalidate the proceedings of the board and section 9 deals with officers and employees of the board. 

Ans: Section 6, section 7 and ssction 7A of SEBI ACT mentions about removal of members and meetings.  Section 6 of SEBI ACT mentions about the removal of members from office.  Section 7 of SEBI ACT mentions about the meetings.  Section 7A of SEBI ACT mentions about the members not to participate in meetings in certain cases. 

Ans:  Section 3 of SEBI act mentions about the establishment and incorporation of Board.  Section 4 of SEBI act mentions about the management of the board.  Section 5 of SEBI ACT mentions about the terms of office and conditions of service of chairman and members of the board.  

Ans: The Second chapter of SEBI Act, 1992 is Establishment of Securities and Exchange Board of India, 1992 and there are 8 Sections in chapter 2 i.e., establishment of securities and exchange board of india. 

Ans: Chapter 2 of SEBI act deals with the establishment of securities and exchange board of India.