https://www.taxtmi.com/caselaws?id=401358 Section 26 of the Securities and Exchange Board of India Act does not bar police action for cognizable offences under other laws, and section 32 preserves the operation of the Indian Penal Code. On the stated facts, the FIR and investigation remained valid because the allegations disclosed cognizable offences and were not defeated by the involvement of SEBI-related information. The document also notes that collections presented as advisory fees may, on receipts, invoices, payment pattern and surrounding circumstances, be treated as prima facie deposits under the M.P. Nikshepakon Ke Hiton Ka Sanrakshan Adhiniyam, 2000, which can justify refusal of bail where dishonest collection is indicated. en-us Wed, 04 Nov 2020 00:00:00 +0530 Sat, 05 Dec 2020 17:07:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401358 Section 26 of the Securities and Exchange Board of India Act does not bar police action for cognizable offences under other laws, and section 32 preserves the operation of the Indian Penal Code. On the stated facts, the FIR and investigation remained valid because the allegations disclosed cognizable offences and were not defeated by the involvement of SEBI-related information. The document also notes that collections presented as advisory fees may, on receipts, invoices, payment pattern and surrounding circumstances, be treated as prima facie deposits under the M.P. Nikshepakon Ke Hiton Ka Sanrakshan Adhiniyam, 2000, which can justify refusal of bail where dishonest collection is indicated. Case-Laws SEBI Wed, 04 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401358