Act Number: 15

Act Name: The Securities and Exchange Board of India Act, 1992

Year: 1992

Enactment Date: 1992-04-04

Long Title: An Act to provide for the establishment of a Board to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 20A: Bar of jurisdiction.
        1[20A. Bar of jurisdiction.--No order passed by the 2 [Board or the adjudicating officer] under this Act shall be appealable except as provided in 3 [section 15T or section 20] and no civil court shall have jurisdiction in respect of any matter which the 2 [Board or the adjudicating officer] is empowered by, or under, this Act to pass any order and no injunction shall be granted by any court or other authority in respect of any action taken or to be taken in pursuance of any order passed by the 2 [Board or the adjudicating officer] by, or under, this Act].
Notes:
1. Ins. by Act 9 of 1995, s. 11 (w.e.f. 25-1-1995).
2. Subs. by Act 32 of 1999, s. 12, for "Board" (w.e.f. 16-12-1999).
3. Subs. by s. 12, ibid., for "section 20" (w.e.f. 16-12-1999).
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