The SEBI Enforcement Architecture: A Case For Doctrinal Recalibration Under Article 14 And Principles Of Natural Justice

Rounak Chakraborty, B.A., LL.B. (H), Amity Law School, Amity University Kolkata ABSTRACT The Securities and Exchange Board of India (SEBI) has been vested the power to exercise extensive investigatory, regulatory as well as adjudicatory powers within the securities framework. While such concentration of authority is often justified on grounds of regulatory efficiency and technical expertise, it simultaneously raises grave concerns regarding the transparency, arbitrariness, as well as...