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Thursday, 5 November 2020

What is about securities and exchange board of India

 Know about securities and exchange board of India



1.Introduction:

the securities and exchange board of India (SEBI) was established by the government of India on 12th April 1988 and given Statutory powers in 1992 with SEBI act 1992 being passed in the parliament of the SEBI act 1992 has come into force with effect from 30 January 1992.

SEBI is an authority to regulate and develop the Indian capital market and protect the interest of investors in the capital market. The controller of the capital issue has been played by the SEBI and authority under the capital issue control act 1947.
SEBI has its headquarters at the business district of Bandra Kurla Complex in Mumbai coma and has north and east and a southern and western regional office in New Delhi Kolkata Chennai and Ahmedabad, respectively controller of capital issues was the regulatory authority before SEBI come into existence; it delivered 30 from the capital issues act 1947. In April 1988 Korma recipe was constituted as a regulator of capital markets in India under a resolution of the Government of India.

2. SEBI role in business facilitation:

CBI responsible for the development of India's capital market that is market for the corporate issue of capital first of example, it facilitates the public offering of capital by the company to stop these companies are able to access the capital market of their funding requirements. It also oversees the subsequent trading of their shares on the floor of the stock exchanges. It even facilities overseas and Titus these years of participating in Indian capital markets and the domestic capital market and 30 years of participation in the overseas market. It coordinates with the market developers and regulators. It is responsible for investment faith in the functioning of the capital markets and excuses the corporates of the steady flow of funds.

3. Competition Commission of India CCI:

a) introduction-competition is a contest between organisms, animals individuals and groups, etc. In the context of business, competition is the best means of ensuring that the common man has access to the broadest range of goods and services at the most competitive prices. With increased competition, producers will have maximum incentive to innovate and specialized. This would result in reduced costs and wider choice for consumers. If their competition in the market is essential to achieve this objective to stop competition commission was set up to create and sustain fair competition in the economy that will provide a level playing field to the producers and make the market work for the welfare of the consumers.
b) the competition act,2002-basically comic competition law is a tool to implement and enforce competition policy and to prevent and furnish anticompetitive business practices by farmers and unnecessary government interfaces in the market. The competition act 2002 as amended by the competition act 2007 follows the philosophy of modern competition laws. The Act prohibits anti-competitive agreements and abuse of dominant position by enterprises and labels its combination acquisition of acquiring of controls and M and A which causes or likely to cause an appreciable adverse effect on competition within India.
c) the competition commission of India CCI-the competition commission of India CCI established by the central government on 14th October 2003. The commission is a body corporate having perpetual succession and common seal full stops CCI consists of a chairperson in six members appointed by the central government post of it is a duty of the commission to eliminate practices having an adverse effect on competition promote and sustain competition, protect the interests of consumers and ensure freedom of trade in the markets of India. The commission is also required to give an opinion on competition issues on a difference received from a statutory authority established under any law and to undertake competition advocacy to create public awareness and impart training on competition issues.
d) Role of CCI: the premier able to the competition act states and act to provide keeping in view of the economic development of the country, for the establishment of a commission to prevent practices having an adverse effect on competition to promote and sustain competition in markets to protect the interests of the consumer and to ensure freedom of trade carried on by other participants in the market, in India and for matters connected therewith or accidental thereto.
e) Role of CCI as a business facilitator-fair competition is a key to a thriving business sector post of CCI protect businesses from other businesses and fair practices and analyzing the living entities too.it promotes competition by preventing abuse of dominance by a market player to the determinant of other competitors and the consumers. As such it enjoys the co-existence of large and small enterprises.
4. Insurance regulatory and development authority of India: insurance regulatory and development authority of India is an autonomous Apex Titli body that regulates and develops the insurance industry in India first of it was constituted under the insurance regulatory and development authority act 1999 and duly passed by the parliament.

The IRDA Act, 1999allows private players to enter the insurance sector in India besides a maximum for equity of 26% in a private insurance company having operations in India. The insurance bill proposed by the UPA government in July 2013 but passed in July 2014 raised the FDI limits in the insurance sector to 49%.it serves as an authority to protect the interests of holders of insurance policy, to regulate, promote, and ensure orderly growth of the insurance industry, and for matters connected therewith. IRDA rules are the protection rights of policyholders and they provide registration certificate to life insurance companies and responsible for renewable commodification comic and solution and suspension of the registered certificate.

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