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of <h1>Finance Act 2018 amends Section 23M of Securities Contracts Act 1956, clarifying roles and references.</h1> Section 23M of the Securities Contracts (Regulation) Act, 1956, has been amended by the Finance Act, 2018. The amendments include the insertion of the words 'or the Securities and Exchange Board of India' after 'adjudicating officer' in two instances. Additionally, in subsection (2), the phrase 'any of his direction or orders' is replaced with 'the direction or order.' These changes aim to clarify the roles and references within the Act.
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