LawgistThe Securities and Exchange Board of India Act
8Vacancies, 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.
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ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD OF INDIA
- 3 Establishment and incorporation of Board
- 4 Management of the Board
- 5 Term of office and conditions of service of Chairman and members of the Board
- 6 Removal of member from office
- 7 Meetings
- 7A Member not to participate in meetings in certain cases
- 8 Vacancies, etc., not to invalidate proceedings of Board
- 9 Officers and employees of the Board
