Act Number: 42

Act Name: The Securities Contracts (Regulation) Act, 1956

Year: 1956

Enactment Date: 1956-09-04

Long Title: An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, by providing for certain other matters connected therewith.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 26: Cognizance of offences by courts.
    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.]
     2*                             *                             *                             *                             *]
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).
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