Securities And Exchange Board of India Act, 1992
Section - 12A - Prohibition of manipulative and deceptive devices, insider trading and substantial acquisition of securities or control
[CHAPTER VA
PROHIBITION OF MANIPULATIVE AND DECEPTIVE DEVICES, INSIDER TRADING AND SUBSTANTIAL ACQUISITION OF SECURITIES OR CONTROL
Prohibition of manipulative and deceptive devices, insider trading and substantial acquisition of securities or control
.
12A
. No person shall directly or indirectly-
| (a) | - | use or employ, in connection with the issue, purchase or sale of any securities listed or proposed to be listed on a recognised stock exchange, any manipulative or deceptive device or contrivance in contravention of the provisions of this Act or the rules or the regulations made thereunder; |
| (b) | - | employ any device, scheme or artifice to defraud in connection with issue or dealing in securities which are listed or proposed to be listed on a recognised stock exchange; |
| (c) | - | engage in any act, practice, course of business which operates or would ope .... To read the full section download the app from Google Play store
24 October 2026
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