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of <h1>Section 21 SEBI Act preserves existing legal remedies and does not provide immunity from civil suits under other laws</h1> Section 21 of the Securities and Exchange Board of India Act, 1992 establishes a savings provision that preserves existing legal remedies. The provision clarifies that the Act does not provide immunity or exemption to any person from civil suits or other legal proceedings that could be initiated against them under other laws. This ensures that individuals remain subject to all applicable legal actions and remedies available under different statutes, maintaining the concurrent operation of various legal frameworks alongside SEBI regulations.
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