Company Registration in Tirupur
Power vested with SEBI
Provisions to be administered by SEBI
The provisions of this section are to be administered by SEBI by means of regulations,in respect of companies already listed or companies which intend to get listed.In respect of other companies,the administration shall be by the Central Government.
The purpose of section(1)(a)(1) seems to be that the power to issue regulations pertaining to issue of securities,and other administrative powers in connection with matters of issue of securities etc.,are to be exercised by the SEBI,as SEBI is the securities regulator.
Inspection of books of account and another books and papers
In case of listed public companies and companies which intend to get listed,the power to inspect books of account and other books and papers in respect of issue and transfer of securities and non-payment of dividend has been vested in SEBI.
SEBI authorized to file complaints
SEBI has been empowered to authorize any person to file complaints for offences relating to issue and transfer of securities and non-payment of dividend.