The Securities and Exchange Board of India Act, 1992 · II — ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD OF INDIA

Section 6. Removal of member from office

In force · As amended up to 2026-08

6. Removal of member from office. —[1] * The Central Government shall remove a member from office if he— (a) is, or at any time has been, adjudicated as insolvent; (b) is of unsound mind and stands so declared by a competent court; (c) has been convicted of an offence which, in the opinion of the Central Government, involves a moral turpitude; 2* * * * * (e) has, in the opinion of the Central Government, so abused his position as to render his continuation in office detrimental to the public interest: Provided that no member shall be removed under this clause unless he has been given a reasonable opportunity of being heard in the matter.

Source: India Code