Cognizable offences: specified regulatory breaches under the forward contracts regime permit immediate police investigation and enforcement. Section 23 designates certain violations under the Act as cognizable offences, allowing immediate police investigation without magistrate order. It covers failures to comply with requisitions made under the Act, specified contraventions of the Act's offence provisions, other defined regulatory breaches subject to stated exceptions, and the separate offence created for particular market conduct, thereby prioritising prompt enforcement of investigatory and compliance mechanisms.
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.
Cognizable offences: specified regulatory breaches under the forward contracts regime permit immediate police investigation and enforcement.
Section 23 designates certain violations under the Act as cognizable offences, allowing immediate police investigation without magistrate order. It covers failures to comply with requisitions made under the Act, specified contraventions of the Act's offence provisions, other defined regulatory breaches subject to stated exceptions, and the separate offence created for particular market conduct, thereby prioritising prompt enforcement of investigatory and compliance mechanisms.
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