Securities and Exchange Board of India Act, 1992
18.Returns and reports.-
(1) The Board shall
furnish to the Central Government at such time and in such form and manner as
may be prescribed or as the Central Government may direct, such returns and
statements and such particulars in regard to any proposed or existing program
for the promotion and development the securities market, as the Central
Government may, from time to time, require.
(2) Without prejudice
to the provision of sub-section (1), the Board shall, within sixty days after
the end of each financial year, submit to the Central Government a report in
such form, as may be prescribed, giving a true and full account of its
activities, policy and programmes during the previous financial year.
(3) A copy of the
report received under sub-section (2) shall be laid, as soon as may be after it
is received, before each House of Parliament.