Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009

LAD-NRO/GN/2009-10/05/163525 · 2025-09-02 · Securities and Exchange Board of India

Summary

This part covers Chapters I and II of the SEBI (Investor Protection and Education Fund) Regulations, 2009 as amended up to September 02, 2025, including short title, commencement and definitions. It establishes the Investor Protection and Education Fund deemed to have been established on 23rd July 2007 by order under section 11 of the SEBI Act, 1992. It specifies the amounts to be credited to the Fund under regulation 4, the mode of credit through NEFT/RTGS/IMPS or SEBI Payment Gateway, and the utilisation of the Fund for investor protection and education under regulation 5. This part defines additional purposes for the Investor Protection and Education Fund including travel of non-official Committee members, Ombudsman office expenses, rewards to informants and restitution to investors. It prescribes conditions for aid to investors' associations and the constitution, functions, meetings and expenses of the Advisory Committee for the Fund. It also lays down requirements for investment, maintenance and audit of Fund accounts, powers to relax and delegate regulations, and amendments to the Takeover Regulations for forfeited amounts. This part provides a note on the publication of the

Text

These regulations may be called the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009.

They shall come into force on the date of their publication in the Official Gazette.

‘Act’ means the Securities and Exchange Board of India Act, 1992 (15 of 1992);

‘Board’ means the Securities and Exchange Board of India established under section 3 of the Act;

‘Committee’ means the advisory committee constituted under regulation 7 of these regulations;

‘financial year’ means the year commencing on the first day of April;

‘Fund’ means the Investor Protection and Education Fund created by the Board under section 11 of the Act;

‘investor’ means an investor in securities;

‘legal proceedings’ means any proceedings before a court or tribunal where one thousand or more investors are affected or likely to be affected by:- (i) mis-statement, misrepresentation or omission in connection with the issue, sale or purchase of securities; (ii) non-receipt of securities allotted or refund of application monies paid by them; (iii) non-payment of dividend; (iv) default in redemption of securities or in payment of interest in terms of the offer document; (v) fraudulent and unfair trade practices or market manipulation; (vi) such other market misconduct which in the opinion of the Board may be deemed appropriate; but does not include any proceeding where the Board is a party or where the Board has initiated any enforcement action;

‘Schedule’ means Schedule appended to these regulations.

Words and expressions not defined in these regulations, but defined in or under the Act or the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or the Depositories Act, 1996 (22 of 1996) or the regulations made thereunder or the Companies Act, 1956 (1 of 1956) or any statutory modification or re-enactment thereof, shall have the same meanings as have been assigned to them by or under those enactments, unless the context requires otherwise.

There shall be a Fund to be called the Investor Protection and Education Fund.

Orders that applied this

• WTM/GM/CFD/67/2019–20
• WTM/AB/CFD/DCR-1/15733/2021-22
• WTM/GM/IMD/06/2021-22

Source: SecMarx — Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.