top of page
Analyzing the Legality of SEBI’s Sub-Delegation of Penalty-Levying Powers to Stock Exchanges under LODR and Master Circular
SEBI’s delegation of penalty-levying powers to RSEs lacks explicit statutory backing under the SEBI Act and SCRA.
Tanay S Naidu, Ayush Singhal
May 7, 20256 min read
bottom of page