Answer-SEBI can delegate its powers to ……?

Section 19 of SEBI Act DelegationThe Board may, by general or special order in writing delegate to any member, officer of the Board or any other person subject to such conditions, if any, as may be specified in the order, such of its powers and functions under this Act except the powers under section 29 as it may deem necessary.

Question

SEBI can delegate its powers to

……?

A any member of the Board

B any officer of the Board

C any person subject to such conditions as may be specified in the order

D Cannot further delegate its powers

E any member or any officer of the Board or any person subject to such conditions as may be specified in the order

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SEBI can delegate its powers to

Solution