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False or incomplete periodical returns now trigger regulatory liability under securities law, expanding obligations for accurate filings. Amendment expands section 23G of the Securities Contracts (Regulation) Act by inserting the words 'or furnishes false, incorrect or incomplete periodical returns' after 'periodical returns,' thereby creating express liability for submitting misleading or incomplete periodic filings and obliging regulated persons to ensure accuracy and completeness.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
False or incomplete periodical returns now trigger regulatory liability under securities law, expanding obligations for accurate filings.
Amendment expands section 23G of the Securities Contracts (Regulation) Act by inserting the words "or furnishes false, incorrect or incomplete periodical returns" after "periodical returns," thereby creating express liability for submitting misleading or incomplete periodic filings and obliging regulated persons to ensure accuracy and completeness.
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