TaxTMI 
TaxTMI 
Definitions
X X X X Extracts X X X X
X X X X Extracts X X X X
.... the Act; (b) 'Informant' means an individual(s), who voluntarily submits to the Board a Voluntary Information Disclosure Form relating to an alleged violation of insider trading laws that has occurred, is occurring or has a reasonable belief that it is about to occur, in a manner provided under these regulations, regardless of whether such individual(s) satisfies the requirements, procedures an....
X X X X Extracts X X X X
X X X X Extracts X X X X
....cludes, reporting of information which in the opinion of the Board, - (i) Does not constitute a violation of insider trading laws; or (ii) Is rendered solely for the purposes of malicious prosecution; or (iii) Is rendered intentionally in an effort to waste the time and resource of the Board. (f) 'Legal Representative' means a duly authorised individual who is admitted to the practice of l....
X X X X Extracts X X X X
X X X X Extracts X X X X
....r investigation or inquiry or audit, (3) open or reopen an investigation or inquiry, or (4) inquire into a different conduct as part of an ongoing examination or investigation or inquiry or audit directed by the Board; 2[Explanation. - Information shall be considered timely, only if as on the date of receipt of the duly completed Voluntary Information Disclosure Form by the Board, a period of no....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d that such analysis is not derived from professional or confidential communication protected under the Indian Evidence Act, 1872 (1 of 1872); (j) 'own knowledge' means relevant information in the possession of the Informant not derived from publicly available sources: Provided that such knowledge is not derived from professional or confidential communications protected under the Indian Eviden....