Section 3: Establishment and incorporation of Board.

The Securities and Exchange Board of India Act, 1992Central Act · Act 15 of 1992

(1) With effect from such date as the Central Government may, by notification, appoint, there shall be established, for the purposes of this Act, a Board by the name of the Securities and Exchange Board of India.

(2) The Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with power subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by the said name, sue or be sued.

(3) The head office of the Board shall be at Bombay.

(4) The Board may establish offices at other places in India.

Where this provision sits

Act	The Securities and Exchange Board of India Act, 1992
Section	3
Marginal note	Establishment and incorporation of Board.
Jurisdiction	Central
Status	In force as published by the source

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