Cognizance of offences requires a complaint by the government, securities regulator, or any private person to proceed. Section 22 conditions judicial cognizance of offences under the Depositories Act and subordinate instruments on a complaint by specified complainants: the ... Summary
Cognizance of offences requires a complaint by the government, securities regulator, or any private person to proceed.
Section 22 conditions judicial cognizance of offences under the Depositories Act and subordinate instruments on a complaint by specified complainants: the Central Government, a State Government, the Securities and Exchange Board of India, or any person, thereby requiring a qualifying complaint before a court may take cognizance.
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