Section 8 — Vacancies, etc., not to invalidate proceedings of Board.

The Securities and Exchange Board of India Act, 1992
No act or proceeding of the Board shall be invalid merely by reason of--- (a) any vacancy in, or any defect in the constitution of, the Board; or (b) any defect in the appointment of a person acting as a member of the Board; or (c) any irregularity in the procedure of the Board not affecting the merits of the case.

Official Hindi (PDF) ↗

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