Bare Act Search Results

Securities and Exchange Board of India Act, 1992 Amending Act 1

Title: Amendment Act

State: Central

Year: 1992

.....in connection with issue or dealing in securities which are listed or proposed to be listed on a recognised stock exchange; (c) engage in any act, practice, course of business which operates or would operate as fraud or deceit upon any person, in connection with the issue, dealing in securities which are listed or proposed to be listed on a recognised stock exchange, in contravention of the provisions of this Act or the rules or the regulations made thereunder; (d) engage in insider trading; (e) deal in securities while in possession of material or non-public -information or communicate such material or non-public information to any other person, in a manner which is in contravention of the provisions of this Act or the rules or the regulations made thereunder; (f) acquire control of any company or securities more than the percentage of equity share capital of a company whose securities are listed or proposed to be listed on a recognised stock exchange in contravention of the regulations made under this Act.". 8. Amendment of section 14. In section 14 of the principal Act, in subsection (1), clause (aa) shall be omitted. 9. Amendment of section 15A. In.....

Securities and Exchange Board of India Act, 1992 Complete Act

State: Central

Year: 1992

.....Section 3 of the Reserve Bank of India Act, 1934 (2 of 1934). (i) "securities" has the meaning assigned to it in section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956). 3[(2) Words and expressions used and not defined in this Act but defined in the Securities Contracts (Regulation) Act, 1956 (42 of 1956)2[or the Depositories Act, 1996], shall have the meanings respectively assigned to them in that Act.] CHAPTER 2 ESTABLISHMENT OF THE SECURITIES AND EXCHANGE BOARD OF INDIA SECTION 03: ESTABLISHMENT AND INCORPORATION OF BOARD (1) With effect from such date as the Central Government may, by notifica- tion, appoint, there shall be established, for the purposes of this Act, a Board by the name of the Securities and Exchange Board of India. (2) The Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with power subject to the provisions of this Act, to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall, by the said name, sue or be sued. (3) The head office of the Board shall be at Bombay. (4) The Board may establish offices at other places in India. SECTION 04:.....

Securities and Exchange Board of India (Amendment) Act, 2002 Section 7

Title: Insertion of New Chapter Va

State: Central

Year: 2002

.....made thereunder; (b) employ any device, scheme or artifice to defraud in connection with issue or dealing in securities which are listed or proposed to be listed on a recognised stock exchange; (c) engage in any act, practice, course of business which operates or would operate as fraud or deceit upon any person, in connection with the issue, dealing in securities which are listed or proposed to be listed on a recognised stock exchange, in contravention of the provisions of this Act or the rules or the regulations made thereunder; (d) engage in insider trading; (e) deal in securities while in possession of material or non-public information or communicate such material or non-public information to any other person, in a manner which is in contravention of the provisions of this Act or the rules or the regulations made thereunder; (f) acquire control of any company or securities more than the percentage of equity share capital of a company whose securities are listed or proposed to be listed on a recognised stock exchange in contravention of the regulations made under this Act.".

Securities and Exchange Board of India Act, 1992 Section 12A

Title: Prohibition of Manipulative and Deceptive Devices, Insider Trading and Substantial Acquisition of Securities Orcontrol

State: Central

Year: 1992

.....made thereunder; (b) employ any device, scheme or artifice to defraud in connection with issue or dealing in securities which are listed or proposed to be listed on a recognised stock exchange; (c) engage in any act, practice, course of business which operates or would operate as fraud or deceit upon any person, in connection with the issue, dealing in securities which are listed or proposed to be listed on a recognised stock exchange, in contravention of the provisions of this Act or the rules or the regulations made thereunder; (d) engage in insider trading; (e) deal in securities while in possession of material or non-public information or communicate such material or non-public information to any other person, in a manner which is in contravention of the provisions of this Act or the rules or the regulations made thereunder; (f) acquire control of any company or securities more than the percentage of equity share capital of a company whose securities are listed or proposed to be listed on a recognised stock exchange in contravention of the regulations made under this Act.]

Securities and Exchange Board of India Act, 1992 Chapter IV

Title: Powers and Functions of the Board

State: Central

Year: 1992

.....or the securities market; or (b) any intermediary or any person associated with the securities market has violated any of the provisions of this Act or the rules or the regulations made or directions issued by the Boardthereunder, it may, at any time by order in writing, direct any person (hereafter in this section referred to as the Investigating Authority) specified in the order to investigate the affairs of such intermediary or persons associated with the securities market and to report thereon to the Board. (2) Without prejudice to the provisions of sections 235 to 241 of the Companies Act, 1956 (1 of 1956), it shall be the duty of every manager, managing director, officer and other employee of the company and every intermediary referred to in section 12 or every person associated with the securities market to preserve and to produce to the Investigating Authority or any person authorized by him in this behalf, all the books, registers, other documents and record of, or relating to, the company or, as the case may be, of or relating to, the intermediary or such person, which are in their custody or power. (3) The Investigating Authority may require any intermediary.....

Securities and Exchange Board of India (Amendment) Act, 2002 Section 6

Title: Insertion of New Sections 11c and 11d

State: Central

Year: 2002

.....or the securities market; or (b) any intermediary or any person associated with the securities market has violated any of the provisions of this Act or the rules or the regulations made or directions issued by the Board thereunder, it may, at any time by order in writing, direct any person (hereafter in this section referred to as the Investigating Authority) specified in the order to investigate the affairs of such intermediary or persons associated with the securities market and to report thereon to the Board. (2) Without prejudice to the provisions of sections 235 to 241 of the Companies Act, 1956, it shall be the duty of every manager, managing director, officer and other employee of the company and every intermediary referred to in section 12 or every person associated with the securities market to preserve and to produce to the Investigating Authority or any person authorised by it in this behalf, all the books, registers, other documents and record of, or relating to, the company or, as the case may be, of or relating to, the intermediary or such person, which are in their custody or power. (3) The Investigating Authority may require any intermediary or any.....

Securities and Exchange Board of India Act, 1992 Complete Act

Title: Securities and Exchange Board of India Act, 1992

State: Central

Year: 1992

.....trading Section15H - Penalty for non-disclosure of acquisition of shares and takeovers Section15HA - Penalty for fraudulent and unfair trade practices Section15HB - Penalty for contravention where no separate penalty has been provided Section15I - Power to adjudicate Section15J - Factors to be taken into account by the adjudicating officer Section15JA - Crediting sums realised by way of penalties to Consolidated Fund of India ChapterVIB - ESTABLISHMENT, JURISDICTION, AUTHORITY AND PROCEDURE OF APPELLATE TRIBUNAL Section15K - Establishment of Securities Appellate Tribunals Section15L - Composition of Securities Appellate Tribunal Section15M - Qualification for appointment as Presiding Officer or Member of Securities Appellate Tribunal Section15N - Tenure of office of Presiding Officer and other Members of Securities Appellate Tribunal Section15O - Salary and allowances and other terms and conditions of service of Presiding Officer Section15P - Filling up of vacancies Section15Q - Resignation and removal Section15R - Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings Section15S - Staff of the Securities Appellate Tribunal .....

Securities and Exchange Board of India Act, 1992 Section 11C

Title: Investigation

State: Central

Year: 1992

.....or the securities market; or (b) any intermediary or any person associated with the securities market has violated any of the provisions of this Act or the rules or the regulations made or directions issued by the Boardthereunder, it may, at any time by order in writing, direct any person (hereafter in this section referred to as the Investigating Authority) specified in the order to investigate the affairs of such intermediary or persons associated with the securities market and to report thereon to the Board. (2) Without prejudice to the provisions of sections 235 to 241 of the Companies Act, 1956 (1 of 1956), it shall be the duty of every manager, managing director, officer and other employee of the company and every intermediary referred to in section 12 or every person associated with the securities market to preserve and to produce to the Investigating Authority or any person authorized by him in this behalf, all the books, registers, other documents and record of, or relating to, the company or, as the case may be, of or relating to, the intermediary or such person, which are in their custody or power. (3) The Investigating Authority may require any intermediary.....

Securities and Exchange Board of India Act, 1992 Section 11D

Title: Cease and Desist Proceedings

State: Central

Year: 1992

1 [11D. Cease and desist proceedings If the Board finds, after causing an inquiry to be made, that any person has violated, or is likely to violate, any provisions of this Act, or any rules or regulations made thereunder, it may pass an order requiring such person to cease and desist from committing or causing such violation: Provided that the Board shall not pass such order in respect of any listed public company or a public company (other than the intermediaries specified under section 12) which intends to get its securities listed on any recognised stock exchange unless the Board has reasonable grounds to believe that such company has indulged in insider trading or market manipulation.] ______________________ 1.Inserted by Act 59 of 2002, section 6(w.r.e.f. 29-10-2002).

Smugglers and Foreign Exchange Manipulators Forfeiture of Property) Act, 1976 Preamble 1

Title: Smugglers and Foreign Exchange Manipulators Forfeiture of Property) Act, 1976

State: Central

Year: 1976

THE SMUGGLERS AND FOREIGN EXCHANGE MANIPULATORS FORFEITURE OF PROPERTY) ACT, 1976 [Act, No. 13 of 1976] PREAMBLE An Act to provide for the forfeiture of illegally acquired properties of smugglers and foreign exchange manipulators and for matters connected therewith or incidental thereto. WHEREAS for the effective prevention of smuggling activities and foreign exchange manipulations which are having a deleterious effect on the national economy it is necessary to deprive persons engaged in such activities and manipulations of their ill-gotten gains; AND WHEREAS such persons have been augmenting such gains by violations of wealth-tax, income-tax or other laws or by other means and have thereby been increasing their resources for operating in a clandestine manner; AND WHEREAS such persons have in many cases been holding the properties acquired by them through such gains in the names of their relatives, associates and confidants; BE it enacted by Parliament in the Twenty-sixth Year of the Republic of India as follows: