Securities Contracts (Regulation) Act,1956 |
Act No : 42 of 1956 |
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Contents of Act: |
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| SECTION( 11. ) Power of Central Government to supersede governing body of arecognised stock exchange. |
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| SECTION( 12. ) Power to suspend business of recognised Stock exchanges. |
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| SECTION( 13. ) Contracts in notified areas illegal in certain circumstances. |
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| SECTION( 14. ) Contracts in notified areas to be void in certain circumstances. |
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| SECTION( 15. ) Members may not act as principals in certain circumstances. |
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| SECTION( 16. ) Power to prohibit contracts in certain cases. |
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| SECTION( 17. ) Licensing of dealers in securities in certain areas. |
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| SECTION( 18. ) Exclusion of spot delivery contracts from sections 13, 14, 15 and 17. |
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| SECTION( 19. ) Stock exchanges other than recognised stock exchanges prohibited. |
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| SECTION( 20. ) Prohibition of options in securities. |
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