law: Companies Act, 2013 
  24.
  
    Power
  
  of Securities and Exchange Board to regulate issue and transfer of securities,
  
  etc.
  1.      The provisions
  
  contained in this Chapter, Chapter IV and in section 127 shall,—
  a.     
  
    in
  
  so far as they relate to —
                       
  
   i.        
  
    issue
  
  and transfer of securities; and
                      
  
   ii.        
  
    non-payment
  
  of dividend, by listed companies or those companies which intend to get their
  
  securities listed on any recognised stock exchange in India, except as provided
  
  under this Act, be administered by the Securities and Exchange Board by making
  
  regulations in this behalf;
  a.    
  
  
  b.    
  
    in
  
  any other case, be administered by the Central Government.
  Explanation .—For the removal of
  
  doubts, it is hereby declared that all powers relating to all other matters
  
  relating to prospectus, return of allotment, redemption of preference shares
  
  and any other matter specifically provided in this Act, shall be exercised by
  
  the Central Government, the Tribunal or the Registrar, as the case may be.
  2.      The Securities and
  
  Exchange Board shall, in respect of matters specified in subsection (1 )
  
  and the matters delegated to it under proviso to sub-section (1 ) of
  
  section 458, exercise the powers conferred upon it under sub-sections (1 ),
  
  (2A), (3) and (4 ) of section 11, sections 11A, 11B and 11D
  
  of the Securities and Exchange Board of India Act, 1992.