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        F. Acts / Amendment Acts

        Section 188 - Amendment of section 27

        Finance Act, 2018
        Part X
        AMENDMENTS TO THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

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        Contravention: amended provision reframes company liability to cover contraventions of the Act, rules, regulations and orders. Amendment to section 27 substitutes the marginal heading with Contravention by companies, replaces the word 'offence' with 'contravention' throughout, and in subsection (1) substitutes wording to cover 'a contravention of any of the provisions of this Act or any rule, regulation, direction or order made thereunder.'
                          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.

                                Contravention: amended provision reframes company liability to cover contraventions of the Act, rules, regulations and orders.

                                Amendment to section 27 substitutes the marginal heading with Contravention by companies, replaces the word "offence" with "contravention" throughout, and in subsection (1) substitutes wording to cover "a contravention of any of the provisions of this Act or any rule, regulation, direction or order made thereunder."


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