Home India Ministry of Finance In exercise of power conferred by clause d of sub Section 1 ...
Date: 2019-06-19 Category: Extra Ordinary State: Union Government Country: India

In exercise of power conferred by clause d of sub Section 1 of Section 4 of the Securities and Exchange Board of India Act

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

This notification, S.O. 2000(E), issued by the Ministry of Finance, Department of Economic Affairs, Financial Markets Division, announces the appointment of Dr. V. Ravi Anshuman as a Part-Time Member of the Securities and Exchange Board of India (SEBI). The appointment, effective from the date of assumption of office, is for a period of three years, until Dr. Anshuman reaches the age of seventy years, or until further orders are issued, whichever occurs earliest. This appointment is made in exercise of the power conferred by clause (d) of sub-section (1) of Section 4 of the Securities and Exchange Board of India Act, 1992, read with rule 19A of the Securities and Exchange Board of India (Terms and Conditions of Service of Chairman and Members) Rules, 1992. The notification was issued in New Delhi on June 19, 2019, and is referenced as F. No. 27/2018-RE. Anand Mohan Bajaj, Joint Secretary, Ministry of Finance, is the contact person.

Key Entities Referenced

Securities and Exchange Board of India Act, 1992: A law that empowers the Central Government to appoint members to the Securities and Exchange Board of India (SEBI). Securities and Exchange Board of India: A regulatory body for the securities market in India. The notification concerns the appointment of a member to this board. Dr. V. Ravi Anshuman: Appointed as Part Time Member of the Securities and Exchange Board of India. Ministry of Finance: The government ministry under which the Department of Economic Affairs and Financial Markets Division operate. Department of Economic Affairs: A department within the Ministry of Finance. Financial Markets Division: A division within the Department of Economic Affairs, Ministry of Finance. New Delhi: The city where the notification was issued, located in Delhi. Securities and Exchange Board of India Terms and Conditions of Service of Chairman and Members Rules, 1992: Rules pertaining to the service conditions of the Chairman and Members of the Securities and Exchange Board of India.
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