- Securities Contracts Regulation Act, 1956: This Act regulated the securities market in India and established the Securities and Exchange Board of India (SEBI) to oversee the market.
- The Companies Act, 1956: This Act regulated the formation and management of companies in India, including the issuance of securities.
- The SEBI Act, 1992: This Act established SEBI as a regulatory body to oversee the securities market and enforce securities laws in the country.
- The Securities Laws (Amendment) Act, 2014: This Act strengthened the regulatory framework for the securities market and enhanced investor protection.
- The Insolvency and Bankruptcy Code, 2016: This Code provided a framework for the resolution of insolvency and bankruptcy cases and established the Insolvency and Bankruptcy Board of India (IBBI) to regulate insolvency professionals and entities.
Securities laws in India have evolved from the Securities Contracts Regulation Act (SCRA) of 1956, which aimed to regulate stock exchanges, to the establishment of the Securities and Exchange Board of India (SEBI) in 1988. The SEBI Act of 1992 gave SEBI statutory powers to regulate and develop the securities market, resulting in the introduction of various regulations and guidelines. In recent years, SEBI has focused on promoting transparency, investor protection, and corporate governance, and has introduced reforms to strengthen the securities market in India.