Act Number: 74

Act Name: The Forward Contracts (Regulation) Act, 1952

Year: 1952

Enactment Date: 1952-12-26

Long Title: An Act to provide for the regulation of certain matters relating to forward contracts, the prohibition of options in goods and for matters connected therewith.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 23: Certain offences to be cognizable.
    Notwithstanding anything contained in the Code of Criminal Procedure, 1898 (5 of 1898), 1[the following offences shall be deemed to be cognizable within the meaning of that Code, namely:--
         (a) an offence falling under sub-clause (ii) of clause (a) of section 20 in so far as it relates to the failure to comply with any requisition made under sub-section (3) of section 8;
         (b) an offence falling under clause (d) of section 20;
         (c) an offence falling under clause (e) of section 20 other than a contravention of the provisions of sub-section (3A) or sub-section (4) of section 15;
         (d) an offence falling under section 21.]
Notes:
1. Subs. by s. 21, ibid., for certain words (w.e.f. 28-12-1960).
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