Skip to content
Finin2min
Indian Laws › Securities and Exchange Board of India Act, 1992
SEBI / Securities

Securities and Exchange Board of India Act, 1992

Para-wise Securities and Exchange Board of India Act, 1992 hub with section pages, subordinate instruments, Finin2min interpretation, examples, Q&A and source-control status.

80 provision pages16 instrument pagesSource-status controlled
Provision pages80
Local exact-text records0
Exact title checks open0
Reviewed2026-07-19

How to use this hub

Start with the relevant section page; confirm its official text and effective date; open linked Rules, Regulations, notifications, circulars, directions and forms; then apply the Finin2min interpretation, evidence, example, forum and cross-law controls.

Publication boundary: Source-gated provision architecture; exact text/title reconciliation queue included. The legal-review queue must be closed before any source-gated page is labelled a certified full-text reproduction.

Open principal official source gateway

Act provisions

Section 1
Short title, extent and commencementAct provisions
Section 2
DefinitionsAct provisions
Section 3
Establishment and incorporation of BoardAct provisions
Section 4
Management of the BoardAct provisions
Section 5
Term of office and conditions of service of Chairman and members of the BoardAct provisions
Section 6
Removal of member from officeAct provisions
Section 7
MeetingsAct provisions
Section 8
Vacancies, etc., not to invalidate proceedings of BoardAct provisions
Section 9
Officers and employees of the BoardAct provisions
Section 10
Transfer of assets, liabilities, etc., of existing Securities and Exchange Board to the BoardAct provisions
Section 11
Functions of BoardAct provisions
Section 11A
Board to regulate or prohibit issue of prospectus, offer document or advertisement soliciting money for issue of securitiesAct provisions
Section 11B
Power to issue directionsAct provisions
Section 11C
InvestigationAct provisions
Section 11D
Cease and desist proceedingsAct provisions
Section 12
Registration of stock brokers, sub-brokers, share transfer agents, etc.Act provisions
Section 12A
Prohibition of manipulative and deceptive devices, insider trading and substantial acquisition of securities or controlAct provisions
Section 13
Grants by Central GovernmentAct provisions
Section 14
FundAct provisions
Section 15
Accounts and auditAct provisions
Section 15A
Penalty for failure to furnish information, return, etc.Act provisions
Section 15B
Penalty for failure by any person to enter into agreement with clientsAct provisions
Section 15C
Penalty for failure to redress investors' grievancesAct provisions
Section 15D
Penalty for certain defaults in case of mutual fundsAct provisions
Section 15E
Penalty for failure to observe rules and regulations by an asset management companyAct provisions
Section 15F
Penalty for default in case of stock brokersAct provisions
Section 15G
Penalty for insider tradingAct provisions
Section 15H
Penalty for non-disclosure of acquisition of shares and takeoversAct provisions
Section 15HA
Penalty for fraudulent and unfair trade practicesAct provisions
Section 15HB
Penalty for contravention where no separate penalty has been providedAct provisions
Section 15I
Power to adjudicateAct provisions
Section 15J
Factors to be taken into account by the adjudicating officerAct provisions
Section 15JA
Credit of sums realised by way of penalties to Consolidated Fund of IndiaAct provisions
Section 15JB
Settlement of administrative and civil proceedingsAct provisions
Section 15JC
Recovery of amountsAct provisions
Section 15K
Establishment of Securities Appellate TribunalAct provisions
Section 15L
Composition of Securities Appellate TribunalAct provisions
Section 15M
Qualifications for appointment as Presiding Officer or MemberAct provisions
Section 15N
Tenure of office of Presiding Officer and other MembersAct provisions
Section 15O
Salary and allowances and other terms and conditions of service of Presiding OfficersAct provisions
Section 15P
Filling up of vacanciesAct provisions
Section 15Q
Resignation and removalAct provisions
Section 15R
Orders constituting Appellate Tribunal to be final and not to invalidate its proceedingsAct provisions
Section 15S
Staff of the Securities Appellate TribunalAct provisions
Section 15T
Appeal to the Securities Appellate TribunalAct provisions
Section 15U
Procedure and powers of the Securities Appellate TribunalAct provisions
Section 15V
Right to legal representationAct provisions
Section 15W
LimitationAct provisions
Section 15X
Presiding Officer, Members and staff of Securities Appellate Tribunals to be public servantsAct provisions
Section 15Y
Civil court not to have jurisdictionAct provisions
Section 15Z
Appeal to Supreme CourtAct provisions
Section 15Z-A
Transfer of pending casesAct provisions
Section 16
Power of Central Government to issue directionsAct provisions
Section 17
Power of Central Government to supersede the BoardAct provisions
Section 18
Returns and reportsAct provisions
Section 19
DelegationAct provisions
Section 20
AppealsAct provisions
Section 20A
Bar of jurisdictionAct provisions
Section 21
SavingsAct provisions
Section 22
Members, officers and employees of the Board to be public servantsAct provisions
Section 23
Protection of action taken in good faithAct provisions
Section 24
OffencesAct provisions
Section 24A
Composition of certain offencesAct provisions
Section 24B
Power to grant immunityAct provisions
Section 25
Exemption from tax on wealth and incomeAct provisions
Section 26
Cognizance of offences by courtsAct provisions
Section 26A
Establishment of Special CourtsAct provisions
Section 26B
Offences triable by Special CourtsAct provisions
Section 26C
Appeal and revisionAct provisions
Section 26D
Application of Code to proceedings before Special CourtAct provisions
Section 26E
Transitional provisionsAct provisions
Section 27
Offences by companiesAct provisions
Section 28
Power to recover amountsAct provisions
Section 28A
Recovery of amountsAct provisions
Section 29
Power to make rulesAct provisions
Section 30
Power to make regulationsAct provisions
Section 31
Rules and regulations to be laid before ParliamentAct provisions
Section 32
Application of other laws not barredAct provisions
Section 33
Power to remove difficultiesAct provisions
Section 34
Repeal and savingAct provisions

Rules, Regulations, notifications, circulars and directions

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015Current consolidated regulation and circular history requiredSEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018Current consolidated regulation requiredSEBI (Prohibition of Insider Trading) Regulations, 2015Current consolidated regulation requiredSEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011Current consolidated regulation requiredSEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003Current consolidated regulation requiredSEBI (Mutual Funds) Regulations, 1996Current consolidated regulation requiredSEBI (Alternative Investment Funds) Regulations, 2012Current consolidated regulation requiredSEBI (Foreign Portfolio Investors) Regulations, 2019Current consolidated regulation requiredSEBI (Stock Brokers) Regulations, 1992Current consolidated regulation and circulars requiredSEBI (Intermediaries) Regulations, 2008Current consolidated regulation requiredSEBI (Depositories and Participants) Regulations, 2018Current consolidated regulation requiredSEBI (Settlement Proceedings) Regulations, 2018Current consolidated regulation requiredSEBI (Real Estate Investment Trusts) Regulations, 2014Current consolidated regulation requiredSEBI (Infrastructure Investment Trusts) Regulations, 2014Current consolidated regulation requiredSEBI (Investment Advisers) Regulations, 2013Current consolidated regulation requiredSEBI (Research Analysts) Regulations, 2014Current consolidated regulation required