SEBI Act, 1992 Bare Act

8. VACANCIES, ETC., NOT TO INVALIDATE PROCEEDINGS OF BOARD.

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.

SEBI Act, 1992 | Laws India

 
 
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