Advanced Search
MyIDEAS: Login

Improving the legal process in enforcement at SEBI

Contents:

Author Info

  • Dharmishta Raval

    () (Indira Gandhi Institute of Development Research)

Registered author(s):

    Abstract

    The first statutory regulatory body that the government of India set up post the reforms of 1991 was the Securities and Exchanges Board of India (SEBI). As a regulator for the securities markets, SEBI was given the powers to create subordinate legislation and to investigate wrong-doing and impose relevant penalties. In this paper, we examine and describe the legal processes at SEBI with a focus on the enforcement process, particularly on the quasi-judicial functions. We make an attempt to lay out the principles that ought to drive such functions in a regulatory body, against which we compare the current workings at SEBI. We propose a series of improvements through which the rule of law could be further strengthened.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.igidr.ac.in/pdf/publication/WP-2011-008.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Indira Gandhi Institute of Development Research, Mumbai, India in its series Indira Gandhi Institute of Development Research, Mumbai Working Papers with number 2011-008.

    as in new window
    Length: 40 pages
    Date of creation: Apr 2011
    Date of revision:
    Handle: RePEc:ind:igiwpp:2011-008

    Contact details of provider:
    Postal: Gen. A. K. Vaidya Marg, Goregaon (E), Mumbai 400065
    Phone: (022) 840 0919/20/21
    Fax: (022) 840 2752/2026
    Email:
    Web page: http://www.igidr.ac.in
    More information through EDIRC

    Related research

    Keywords: enforcement process; securities market regulation;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Interesting readings
      by Ajay Shah in Ajay Shah's blog on 2011-05-20 04:33:00
    2. Interesting Readings for May 20, 2011
      by Ajay Shah in Citizen Economists on 2011-05-20 17:20:24

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ind:igiwpp:2011-008

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamprasad M. Pujar).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.