Adjudication procedure for securities law establishes inquiry and penalty framework under specified statutory provisions. Creates a statutory procedure titled Procedure for Holding Inquiry and Imposing Penalties under the Securities Contracts (Regulation) Act, 1956, ... Summary
Adjudication procedure for securities law establishes inquiry and penalty framework under specified statutory provisions.
Creates a statutory procedure titled Procedure for Holding Inquiry and Imposing Penalties under the Securities Contracts (Regulation) Act, 1956, authorising the Central Government to prescribe inquiry and penalty processes for specified penalty provisions and providing that the rules commence upon publication in the Official Gazette; accompanying notes record subsequent textual amendments to the enabling clause references and the listed penal sections.
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