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  • section 6-removal-of-member-from-office-66829fd728263b967f09c8e7
Section 5Section 7
Section 6

Removal of Member From Office.

The Securities and Exchange Board of India Act, 1992
View Act →
1*** The Central Government shall remove a member from office if he

(a) is, or at any time has been, adjudicated as insolvent;

(b) is of unsound mind and stands so declared by a competent court;

(c) has been convicted of an offence which, in the opinion of the Central Government, involves a moral turpitude;

2*****

(e) has, in the opinion of the Central Government, so abused his position as to render his continuation in office detrimental to the public interest:

Provided that no member shall be removed under this clause unless he has been given a reasonable opportunity of being heard in the matter.




1. The brackets and figure "(1)" omitted by Act 9 of 1995, s. 3 (w.e.f. 25-1-1995).
11. Clause (d) omitted by Act 9 of 1995, s. 3 (w.e.f. 25-1-1995).


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