Compounding of certain securities offences permitted before or after proceedings despite criminal procedure constraints by adjudicatory forums. The provision allows settlement of offences under the Securities Contracts (Regulation) Act that are not punishable by imprisonment alone or by imprisonment with fine; such offences may be compounded before or after institution of proceedings, notwithstanding the criminal procedure law, by a securities appellate tribunal or by the court before which proceedings are pending.
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.
Compounding of certain securities offences permitted before or after proceedings despite criminal procedure constraints by adjudicatory forums.
The provision allows settlement of offences under the Securities Contracts (Regulation) Act that are not punishable by imprisonment alone or by imprisonment with fine; such offences may be compounded before or after institution of proceedings, notwithstanding the criminal procedure law, by a securities appellate tribunal or by the court before which proceedings are pending.
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