Section 26
Cognizance of offences by courts.
The Securities Contracts (Regulation) Act, 1956
About this Act
An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, by providing for certain other matters connected therewith.
1[26. Cognizance of offences by courts.--(1) No court shall take cognizance of any offence
punishable under this Act or any rules or regulations or bye-laws made thereunder, save on a complaint
made by the Central Government or State Government or the Securities and Exchange Board of India or a
recognised stock exchange or by any person.]
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Notes
1. Subs. by s. 13, ibid., for section 26 (w.e.f. 12-10-2004).
2. Sub-section (2) omitted by Act 27 of 2014, s. 37 (w.e.f. 8-9-2014).
2. Sub-section (2) omitted by Act 27 of 2014, s. 37 (w.e.f. 8-9-2014).