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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Amendment to Section 23L of Securities Contracts Act expands scope to include Section 23-I(3) references.</h1> Section 23L of the Securities Contracts (Regulation) Act, 1956, is amended by the Securities Laws (Amendment) Act, 2014. In sub-section (1) of section 23L, the amendment involves inserting the phrase 'or sub-section (3) of section 23-I' immediately following 'section 4B.' This modification extends the applicability of section 23L to include references to sub-section (3) of section 23-I, thereby broadening the scope of the regulatory framework within the Act.
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