Good faith protection prevents suits against officials and recognised association members for acts under the Forward Contracts Act. No suit or other legal proceeding shall lie in any court against the Central Government or any member, officer or servant of the Commission for anything done or intended to be done in good faith under the Act or any rule or bye-law, and similar protection applies to governing bodies, members, office-bearers, servants of recognised associations and persons appointed under section 13(1) when actions are taken in good faith with the Commission's approval or at its instance in pursuance of the Act or its rules or bye-laws.