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Certified Securities Lawyer (CSL) Program

Module 2: SEBI Act & Regulatory Framework

A comprehensive, practice-oriented training module designed for advocates, corporate lawyers, compliance officers, and investment professionals seeking mastery in securities regulation and SEBI's enforcement framework.

*10-12 Hours
*6 Parts
*50 Quiz Questions
*Certificate Included
30+
Years of SEBI History
100+
Regulations Covered
50+
Landmark Cases
100%
Practice-Oriented

Six Comprehensive Parts

Each part builds upon the previous, creating a complete framework for understanding SEBI's regulatory architecture and enforcement mechanisms.

01
S

SEBI Act 1992 - Structure & Powers

Understand the foundational architecture of SEBI, from its preamble and objectives to the constitution of the Board and key statutory definitions.

Preamble S.3-10 Board Composition Definitions
02
R

SEBI's Regulatory Powers

Master SEBI's extensive regulatory powers under Section 11, including the power to issue directions, cease and desist orders, and registration requirements.

S.11 Functions S.11A Directions S.11B C&D Regulations
03
I

Investigation & Enforcement

Learn SEBI's investigative machinery including search and seizure powers, document production requirements, and enforcement case studies.

S.11C Investigation S.11D Search Summons Case Studies
04
A

Adjudication & Penalties

Navigate SEBI's penalty framework from S.15A to S.15HB, understand adjudicating officer powers, penalty quantum, and recent penalty order analysis.

S.15A-15HB AO Powers Penalty Quantum Recent Orders
05
C

Settlement & Consent Orders

Understand SEBI's settlement mechanism, eligibility criteria, the consent order process, and strategic considerations for choosing settlement.

Settlement Regs Eligibility Consent Orders Strategy
06
J

Judicial Review & SAT

Master the appellate framework from SAT appeals under S.15T to Supreme Court jurisdiction under S.15Z, including landmark SAT decisions.

S.15T SAT Limitation S.15Z SC Landmark Cases
Q
?

Module Assessment Quiz

Test your understanding with 50 scenario-based questions covering all six parts. Detailed explanations provided for each answer.

50 Questions Scenario-Based Explanations Certificate

What You Will Master

Upon completing this module, you will have developed competencies essential for effective securities law practice.

S

Navigate SEBI's organizational structure, board composition, and the statutory framework governing India's securities markets

R

Apply SEBI's regulatory powers including Sections 11, 11A, and 11B to real-world compliance and enforcement scenarios

I

Advise clients during SEBI investigations, handle search and seizure situations, and manage document production requests

A

Represent clients in adjudication proceedings, understand penalty determination factors, and draft effective submissions

C

Evaluate settlement options, navigate the consent order mechanism, and make strategic decisions on dispute resolution

J

File and argue appeals before SAT and Supreme Court, understand limitation periods, and leverage landmark precedents

Learn from the Expert

S
Course Director

Adv. (Dr.) Prashant Mali

Securities Law & Capital Markets Expert

With extensive experience in securities litigation and regulatory compliance, Dr. Mali has advised numerous corporations, investment banks, and market intermediaries on SEBI regulations. His expertise spans insider trading investigations, takeover code compliance, and SAT appellate practice, making this module a blend of statutory knowledge and courtroom strategy.

Ph.D. in Law Supreme Court Advocate SAT Practitioner SEBI Expert Corporate Trainer

Ready to Begin Your Journey?

Start with Part 1 and build your expertise step by step. Each part includes statutory analysis, case studies, practical insights, and assessment questions.