Law · SEBI Act, 1992
According to the proviso to Section 12(1) of the SEBI Act, 1992, an intermediary operating before the establishment of SEBI who made an application for registration within three months from such establishment may continue to operate until when?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Until specific approval is received from the Central Government
- 2Only until a formal hearing is scheduled
- 3Until the disposal of such application by the Board✓
- 4For a fixed period of 30 days only
Correct answer
Until the disposal of such application by the Board
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