Law · Securities Contracts (Regulation) Act, 1956
Under Section 23I of the Securities Contracts (Regulation) Act, 1956, an Adjudicating Officer appointed by SEBI:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Can only recommend fines but cannot impose them
- 2Can be any general government officer
- 3Is appointed from officers of SEBI not below the rank of Division Chief to hold inquiries and impose penalties✓
- 4Must be the SEBI Chairperson
Correct answer
Is appointed from officers of SEBI not below the rank of Division Chief to hold inquiries and impose penalties
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