Question
Pending investigation or inquiry, the Board may attach
the bank accounts of any person associated in violation of any provisions of the Act for a maximum period ofSolution
Section 11(4) (e) of SEBI Act (e)attach, for a period not exceeding ninety days, bank accounts or other property of any intermediary or any person associated with the securities market in any manner involved in violation of any of the provisions of this Act, or the rules or the regulations made thereunder: Provided that the Board shall, within ninety days of the said attachment, obtain confirmation of the said attachment from the Special Court, established under section 26A, having jurisdiction and on such confirmation, such attachment shall continue during the pendency of the aforesaid proceedings and on conclusion of the said proceedings, the provisions of section 28A shall apply:
According to the IRDA Act, 1999 intermediary or insurance intermediary includes__________________
According to Section 5of the IRDA Act, what is the tenure of office for the Chairperson and other whole-time members?
Consensus ad idem means
What is the effect of violation of the rule: “Audi Alteram Partem” on an administrative action?
Which of the following is not an exception to the general principle that ‘hearsay evidence is no evidence’ ?
What is the objective of Payment and Settlements Act?
A small company is a company whose paid-up capital and turn over shall________________
In tort law, what is the term for a wrongful act that leads to confinement or restraint of another person against their will?
How are the assets of any insurer in India be kept as per the Insurance Act, 1938?
After dissolution of the firm, goodwill of the firm __.