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<h1>Securities Contracts Act Amended: SEBI Now Included in Adjudication Process under Section 23 by Finance Act 2018.</h1> Section 23 of the Securities Contracts (Regulation) Act, 1956, has been amended by the Finance Act, 2018. In sub-section (1), the phrase 'or the Securities and Exchange Board of India' is added after 'Adjudicating officer.' This amendment expands the entities involved in the adjudication process under the Act to include the Securities and Exchange Board of India.