CS Executive · Capital Market and Securities Laws · Issue of Capital and Disclosure Requirements
Under Section 11A(2) of the SEBI Act, 1992, and without prejudice to section 21 of the Securities Contracts (Regulation) Act, 1956, what additional matter may SEBI specify requirements for?
SEBI may specify the requirements for listing and transfer of securities and other matters incidental to them. This is provided in Section 11A(2) of the SEBI Act, 1992, and operates without prejudice to section 21 of the Securities Contracts (Regulation) Act, 1956.
- AListing and transfer of securities and other matters incidental theretoCorrect
- BRegistration of the company's memorandum
- CAppointment of the company's statutory auditors
- DAllotment of Director Identification Numbers
Explanation
Section 11A(2) states that the Board may specify the requirements for listing and transfer of securities and other matters incidental thereto, without prejudice to section 21 of the SCRA. The other options relate to company law administration handled elsewhere.
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