Bare ActsThe Securities and Exchange Board of India Act, 1992

Section 6

Removal of member from office.

Amendment status not verified — confirm the current text below against the official source.

1 *** The Central Government shall remove a member from office if he (a) is, or at any time has been, adjudicated as insolvent; (b) is of unsound mind and stands so declared by a competent court; (c) has been convicted of an offence which, in the opinion of the Central Government, involves a moral turpitude; 2 * * * * * (e) has, in the opinion of the Central Government, so abused his position as to render his continuation in office detrimental to the public interest: Provided that no member shall be removed under this clause unless he has been given a reasonable opportunity of being heard in the matter.

Amended up to 2019-04-22View on India Code →
Section 6 – The Securities and Exchange Board of India Act, 1992 | DailyLaw.ai