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    Question

    Who has the power to remove difficulties under SEBI

    Act?
    A SEBI Correct Answer Incorrect Answer
    B Central Government Correct Answer Incorrect Answer
    C High Court Correct Answer Incorrect Answer
    D SAT Correct Answer Incorrect Answer
    E Special Courts Correct Answer Incorrect Answer

    Solution

    Section 34 of SEBI Act Power to remove difficulties—(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order, published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty: Provided that no order shall be made under this section after the expiry of five years from the commencement of this Act. (2) Every order made under this section shall be laid, as soon as may be after it is made, before each House of Parliament.

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