Securities And Exchange Board of India Act, 1992

1. Words "with the previous sanction of the Central Government" omitted by the Securities Laws (Amendment) Act, 1995, w.e.f. 25-1-1995.

2. Sub-section (2) omitted by the by the Securities Laws (Amendment) Act, 2014, w.r.e.f. 18-7-2013. Prior to its omission, said sub-section (2) as amended by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002, read as under :

"(2) No court inferior to that of a Court of Session shall try any offence punishable under this Act."