Securities Contracts (Regulation) Act, 1956

Section - 23 - Penalties

PENALTIES AND PROCEDURE

Penalties.

23. (1) Any person who-

(a)-without reasonable excuse (the burden of proving which shall be on him) fails to comply with any requisition made under sub-section (4) of section 6; or
(b)-enters into any contract in contravention of any of the provisions contained in section 13 or section 16; or
(c)-contravenes the provisions contained in section 17 [or section 17A], or section 19; or
[(d)-enters into any contract in derivative in contravention of section 18A or the rules made under section 30;]
(e)-owns or keeps a place other than that of a recognised .... To read the full section download the app from Google Play store