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SEBI is a Securities and Exchange Board of India. The current chairman of SEBI is Madhabi Puri Beach.
Role of SEBI
1. Functional Capital : Every Company want functional capital to satisfy their daily regulations particularly about current asset and purchasing of properties. The daily expenses they have been anchored or daily expenses. To make payment of wages on daily basis purchasing of raw material on daily basis or such a expenses every company wants functional capital fund. It is mandatory to all companies to make registration of their functional capital with SEBI. It has been regulated by SEBI.
2. To motivate investors to give proper motivation to all types of investors particularly about when, where, which, companies are useful for their investment. SEBI assured to the investors about returns on their investment.
3. To give traning to mediators :-
For good return on the investment of the investors. For that purpose, SEBI has make an arrangement to give traning to the mediators.
4. To restrict illegal deeds in stock exchange :-
SEBI has always resrict all types of illegal activities such as to decieve some investors for their investments by some mediators or brokers. such type of illegal activities may not be happen in the premises of stock exchange.
5. Appropriate care has been taken by the SEBI :-
SEBI can criminalise or punish to faulty persons or faulty institution. Examination of books of accounts of listed companies.SEBI has arranged the examination of books of companies which are listing with stock exchange. It's a right of SEBI without giving any pre-intimation to any public company. SEBI can make examination of books of accounts of them in the court of law.
POWERS OF SEBI (SECURITIES AND EXCHANGE BOARD OF INDIA)
1. SEBI have a right or power to make inspections of books of accounts, documents, registers and records of any public company. They have also power to call their explanation.
2. SEBI have a power to make enquiry about any things in stock exchange. And also make an appointment of independent commission or any issue.
3. SEBI has a power to approve rules and regulations of any recognise stock exchange.
4. SEBI can call any explanation about any record, documents or books of accounts.
5. SEBI has a power to make mandatory for registration of shares of any companies in shares of any companies in share market or stock exchange.
6. It's a right of SEBI to control over the all transactions of stock exchange.
7. SEBI have a power to finish all illegal transactions in stock exchanges.
8. To approve or to recognise to new stock exchange.
9. To penalise all faulty individuals or institutions abot their illegal works.
10. To restrict any faulty individuals / institutions to male dealings of buying and selling of securities in stock exchange.
11. To maintain descipline in the working procedure of clearing houses of securities.
12. To make deep enquiry about any group of mediator or group of people who are working in stock exchange.
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