SEBI Officers Authorized to Handle Company Law Offences Under Companies Act, 1956; Notification Supersedes 1993 Order

Offences under the Companies Act, 1956 are to be cognizable only upon complaints by the Registrar, a shareholder, or the government. The Central Government has authorized specific officers from the Securities and Exchange Board of India (SEBI) to handle offences punishable under certain sections of the Act. This notification, issued by the Department of Company Affairs, supersedes a previous one from November 1993, except for actions already completed. The notification lists ten SEBI officers authorized to act on these matters, ensuring compliance with sections related to company law offences.

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