章 185: The SEBI Act of 1954 - I

The year was 1954, and the Indian Parliament was tense with anticipation.

The SEBI Act was about to be debated, a piece of legislation that, if passed, would regulate the nation's rapidly growing stock markets.

The stakes were high, and everyone knew that today's session could define the future of India's economy.

Prime Minister Rohan Varma sat quietly, observing the room.

His Finance Minister, Harish Patel, was rifling through his notes, preparing to present the bill.

Across from them sat Prathamesh, the leader of the opposition, who looked ready for a fight.

The Speaker's gavel struck down. "Order! The matter before the house is the debate on the Securities and Exchange Board of India Act of 1954. I call upon the Finance Minister to briefly introduce the bill."