The Gazette of India EXTRAORDINARY

REGD. NO. D. L.-33004/99
The Gazette of India
EXTRAORDINARY
PART II—Section 3—-Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 193 ]
878 GI/2000
NEW DELHI, TUESDAY, MARCH 28, 2000/CHAITRA 8,1922
(1)
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THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(ii)]
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THE GAZETTE OF INDIA : EXTRAORDINARY [PART II - SEC . 3(ii)]
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SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 28th March, 2000
SECURITIES AND EXCHANGE BOARD OF INDIA
(Appeal to the Securities Appellate Tribunal) (Amendment) Regulations, 2000
S. O. 278 (E).—In exercise of the powers conferred by sub-section (1) of Section 30 of the Securities and
Exchange Board of India Act, 1992 (15 of 1992), the Secunties and Exchange Board of India hereby makes the
following regulations, namely.—
1. These regulations may be called the Securities and Exchange Board of India
(Appeal to the Securities Appellate Tribunal) (Amendment) Regulations,
2000.
2. They shall come into force on the date of their publication in the official
Gazette.
3. The regulations specified in coloumn (1) of the table below shall be amended
to the extent provided in the corresponding entry in column (2) of the said
table.
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THE GAZETTE OF INDIA : EXTRAORDINARY [PART II - SEC . 3(ii)]
Extent of Amendment
Short title of the regualtion
(2)
(1)
The
exsisting
regulation
31, shall be
Securities and Exchange Board of India
substituted by the following:
(Banker to an Issue) Regulations, 1994
"31. Any person aggrieved by an order
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The existing regulation 67, shall be
(Collective
Investment
Schemes) substituted by the following:
"67. Any person aggrieved by an order
Regulations, 1999
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under
these regulations may prefer an
appeal . to a Securities Appellate
Tribunal having jurisdiction in the
matter".
The exsisting regulation 42, shall be
Securities and Exchange Board of India substituted by the following:
(Credit Rating Agencies) Regulations, "42. Any person aggrieved by an order
of the Board made, on and after the
1999
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The exsisting regulation 32, shall be
substituted by the following;
(Debentire Trustee) Regulations, 1993
"32.Any person aggrieved by an order
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
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The exsisting regulation 29, shall be
Securities and Exchange Board of India substituted by the following:
(Foreign
Institutional
Investors) "29. Any person aggrieved by an order
Regulations, 1995
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The exsisting regulation 12, shall be
(Insider Trading) Regulations,1992
substituted by the following:
"12 .Any person aggrieved by an order
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The exsisting regulation 43, shall be
substituted by the following:
(Merchant Bankers) Regulations, 1996
"43. Any person aggrieved by an order
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The exsisting regulation 38, shall be
[Portfolio Managers) Regulations, 1993 substituted by the following:
"38. Any person aggrieved by an order
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
The exsisting regulation 29, shall be
Securities and Exchange Board of India substituted by the following:
(Registrar to an Issue and Share "29. Any person aggrieved by an order
Transfer Agents) Regulations, 1993
of the Board made on and after the
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THE GAZETTE OF INDIA: EXTRAORDINARY
[PART II—SEC. 3(ii)]
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The exsisting regulation 32, shall be
(StockBrokers and Exchange Baord of substituted by the following:
"32. Any person aggrieved by an order
India) Regulations, 1992
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
Securities and Exchange Board of India The exsisting regulation 46, shall be
(Substantial Acquisition of shares and substituted by the following:
"46. Any person aggrieved by an order
Takeovers) Regulations, 1997
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter''.
Securities and Exchange Board of India The exsisting regulation 32, shall be
substituted by the following:
(Underwriters) Regulations, 1993
"32. Any person aggrieved by an order
of the Board made, on and after the
commencement of the Securities Laws
(Second Amendment) Act, 1999, (i.e.,
after 16th December 1999), under these
regulations may prefer an appeal to a
Securities Appellate Tribunal having
jurisdiction in the matter".
[F. No. SEBI/LE-5148/ /00]
D R. MEHTA, Chairman,
Securities and Exchange Board of India
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and Published by the Controller of Publications, Delhi-110054.