Home India Ministry of Finance Appointment of Shri Amarjeet Singh as Whole Time Member, Sec...
Date: 16-Aug-2023 Category: Extra Ordinary State: Union Government Country: India

Appointment of Shri Amarjeet Singh as Whole Time Member, Securities and Exchange Board of India

Issued by Ministry of Finance · Department of Economic Affairs

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • The gazette notification announces the appointment of Shri Amarjeet Singh, Executive Director at the Securities and Exchange Board of India (SEBI), as a Whole Time Member of SEBI.

Key Changes

  • Shri Amarjeet Singh is appointed as a Whole Time Member of SEBI.
  • The appointment is effective from the date he assumes charge of the post.
  • The term of appointment is for a period of three years or until further orders, whichever is earlier.

Impact Analysis

Impact on SEBI

  • The appointment of an existing Executive Director ensures continuity and leverages internal expertise within the organization.

Impact on Shri Amarjeet Singh

  • This appointment provides job security for a period of three years, subject to further orders.

Impact on Financial Markets

  • The expertise and experience of the new Whole Time Member could influence SEBI's approach to market regulation and investor protection.

Suggested Action Items

  • Shri Amarjeet Singh should familiarize himself with his new responsibilities and priorities as a Whole Time Member.

Key Entities Referenced

Securities and Exchange Board of India (SEBI): The regulatory body for securities markets in India. Shri Amarjeet Singh: The newly appointed Whole Time Member of SEBI, previously an Executive Director at SEBI. Central Government: The appointing authority for the Whole Time Member of SEBI. Securities and Exchange Board of India Act, 1992 (15 of 1992): The Act that establishes SEBI and defines its powers and functions. Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992: The rules governing the terms and conditions of service for the Chairman and Members of SEBI.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एxलxx.-GअID.-H1x6x0x8 2023-248123 CG-DLxx-xEG-I1D6E0x8x2x0 23-248123 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3506] नई दिल्ली, बुधिार, अगस्ट्त 16, 2023/श्रािण 25, 1945 No. 3506] NEW DELHI, WEDNESDAY, AUGUST 16, 2023/SHRAVANA 25, 1945 जित्त मंत्रालय (आर्थकि काय िजिभाग) (जित्तीय बािार प्रभाग) अजधसचू ना नई दिल्ली, 16 अगस्ट् त, 2023 का.आ. 3665(अ).—भारतीय प्रजतभूजत और जिजनमय बोडि (अध् यक्ष एि ं सिस्ट् यों की पिािजध और सेिा ित)ें जनयमािली, 1992 के जनयम 3 के साथ पठित भारतीय प्रजतभूजत और जिजनमय बोड ि अजधजनयम, 1992 (1992 का 15) की धारा 4 की उप-धारा 1(घ) और उप-धारा 4 द्वारा प्रित् त िजियों का प्रयोग करत े हुए, केंद्र सरकार एतिद्व् ारा श्री अमरिीत ससंह, कायिकारी जनिेिक, भारतीय प्रजतभूजत और जिजनमय बोडि, को भारतीय प्रजतभूजत और जिजनमय बोडि के पूणिकाजलक सिस्ट्य के पि पर, कायिभार ग्रहण करने की जतजथ स े तीन िर् ि की अिजध के जलए अथिा अगले आिेिों तक, इसम ें स े िो भी पहले हो, जनयुि करती ह।ै [फा. सं. 2/1/2021-आर.ई. ] सुरजभ िैन, संयक्ु त सजचि 5282 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Economic Affairs) (FINANCIAL MARKET DIVISION) NOTIFICATION New Delhi, the 16th August, 2023 S.O. 3665(E).—In exercise of the powers conferred by sub-section (1)(d) and sub-section (4) of section 4 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), read with rule 3 of the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992, the Central Government hereby appoints Shri Amarjeet Singh, Executive Director, Securities and Exchange Board of India as Whole Time Member of the Securities and Exchange Board of India, for a period of three years from the date of assumption of charge of the post, or until further orders, whichever is earlier. [F. No. 2/1/2021-RE] SURBHI JAIN, Jt. Secy. . Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research