law: Securities and Exchange Board of India Act, 1992
  16.Power of Central Government to issue directions.- 
  (1) Without prejudice
  
  to the foregoing provisions of this Act, the Board shall, in exercise of its
  
  powers or the performance of its functions under this Act, be bound by such
  
  directions on questions of policy as the Central Government may give in writing
  
  to it from time to time:
  Provided  that the Board shall, as far as practicable, be given an opportunity to
  
  express its views before any direction is given under this sub-section.
  (2) The decision of
  
  the Central Government whether a question is on of policy or not shall be
  
  final.