Home India Ministry of Finance In exercise of the powers conferred by SubSection 1a and Sub...
Date: 2020-08-06 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by SubSection 1a and SubSection 4 of Section 4 of the Securities and Exchange

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

This notification, S.O. 2630(E), issued by the Ministry of Finance, Department of Economic Affairs, Financial Market Division, extends the term of Shri Ajay Tyagi as Chairman of the Securities and Exchange Board of India (SEBI). Effective September 1, 2020, the extension is for a period of 18 months, concluding on February 28, 2022, or until further orders are issued. This decision is made in exercise of the powers conferred by Sub-Section (1a) 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 notification is dated August 6, 2020, and carries file number F. No. 2162019/RE. Anand Mohan Bajaj, Additional Secretary, Ministry of Finance, is the signatory.

Key Entities Referenced

Securities and Exchange Board of India: Regulatory body in India's securities market. Securities and Exchange Board of India Act, 1992: The act of Indian parliament that established the Securities and Exchange Board of India. Securities and Exchange Board of India Terms and Conditions of Service of Chairman and Members Rules, 1992: Rules governing the service terms for the Chairman and Members of the Securities and Exchange Board of India. Central Government: The executive authority of the Union of India. Ajay Tyagi: Chairman of the Securities and Exchange Board of India. Ministry of Finance: A ministry in the Government of India responsible for the finances of the country. Department of Economic Affairs: A department within the Ministry of Finance, Government of India. New Delhi: City in Delhi, India and location of the notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एलxx.x-GअI.D-E0x6x0x 82020-220904 CG-DL-E-06082020-220904 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 2331] नई ददल्ली, बहृ स्ट्प जतिार, अगस्ट्त 6, 2020/श्रािण 15, 1942 No. 2331] NEW DELHI, THURSDAY, AUGUST 6, 2020/SHRAVANA 15, 1942 जित्त म्ं ालय (आर्थथक काय यजिभाग) (जित्त ीय बािार प्रभाग) अजधसचू ना नई ददल्ली, 6 अगस्ट्त 0202 का.आ. 0630(अ).— भारतीय प्रजतभूजत और जिजनमय बोडय (अध् यक्ष एि ं सदस्ट् यों की सेिा जनबंधन तथा ित)ें जनयमािली, 1990 के जनयम 3 के साथ पठित भारतीय प्रजतभूजत और जिजनमय बोड य अजधजनयम, 1990 (1990 का 15) की धारा 4 की उप-धारा 1(क) और उप-धारा 4 द्वारा प्रदत् त िजियों का प्रयोग करत े हुए, केंद्र सरकार एतद्द्वारा श्री अिय त् यागी की भारतीय प्रजतभूजत और जिजनमय बोड य के अध्य क्ष के रूप म ें जनयुजि की अिजध को 21.29.0202 स े 08.20.0200 तक 18 माह की अिजध के जलए अथिा अगले आदेिों तक, इसम ें स े िो भी पहले हो, बढाती ह।ै [फा. सं.2/16/2019-आर.ई.] आनंद मोहन बिाि, अपर सजचि 3565 GI/2020 (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 6th August, 2020 S.O. 2630(E).—In exercise of the powers conferred by Sub-Section (1)(a) 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 extends the term of appointment of Shri Ajay Tyagi as Chairman of the Securities and Exchange Board of India for a further period of 18 months w.e.f. 01.09.2020 upto 28.02.2022 or until further orders, whichever is earlier. [F. No. 2/16/2019-RE] ANAND MOHAN BAJAJ, Addl. 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.

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