Securities Contracts (Regulation) Act, 1956
[42 of 1956]
1.
Short
title, extent and commencement.
2A Interpretation of certain words and
expressions.
3. Application
for recognition of stock exchanges.
4.
Grant
of recognition to stock exchanges.
4A. Corporatisation and demutualisation of stock exchanges.
4B Procedure for corporatisation and demutualisation.
6.
Power
of Central Government to call for periodical returns or direct inquiries to be
made.
7.
Annual
reports to be furnished to Central Government by stock exchanges.
7A Power of recognised stock exchange to make rules restricting voting
rights, etc.
8.
Power
of Central Government to direct rules to be made or to make rules.
9.
Power
of recognised stock exchanges to make bye-laws.
10.
Power
of Securities and Exchange Board of India to make or amend bye-laws of recognised stock exchanges.
11.
Power
of Central Government to supersede governing body of a recognised
stock exchange.
12.
Power
to suspend business of recognised stock exchanges.
12A Power to issue directions.
13.
Contracts
in notified areas illegal in certain circumstances.
14.
Contracts
in notified areas to be void in certain circumstances.
15.
Members
may not act as principals in certain circumstances.
16.
Power
to prohibit contracts in certain cases.
17.
Licensing
of dealers in securities in certain areas.
18.
Exclusion
of spot delivery contracts from sections 13, 14, 15 and 17.
19 Stock
exchanges other than recognised stock exchanges
prohibited.
20 Prohibition
of options in securities.
22 Right of
appeal against refusal of stock exchanges to list securities of public
companies.
22A Right of appeal to Securities Appellate Tribunal
against refusal of stock exchange to list securities of public companies.
22B Procedure
and powers of Securities Appellate Tribunal.
22C Right to
legal representation.
22E Civil court not to
have jurisdiction.
23A Penalty for failure to furnish information, return,
etc.
23B Penalty for failure by any person to enter into an
agreement with clients.
23C Penalty for failure to redress investors’ grievances.
23D Penalty for failure to segregate securities or moneys
of client or clients.
23E Penalty for failure to comply with provision of
listing conditions or delisting conditions or grounds.
23F Penalty for excess dematerialisation
or delivery of unlisted securities.
23G Penalty for failure to furnish periodical returns, etc.
23H Penalty for contravention where no separate penalty
has been provided.
23J Factors to be taken into account by adjudicating
officer.
23K Crediting sums realised by way of
penalties to Consolidated Fund of India.
23L Appeal
to Securities Appellate Tribunal.
23N Composition of certain offences.
25
Certain
offences to be cognizable.
26
Cognizance
of offences by courts.
27A Right to
receive income from collective investment scheme.
27B Right to
receive income from mutual fund.
28 Act
not to apply in certain cases.
29
Protection
of action taken in good faith.
31
Power
of Securities and Exchange Board of India to make regulations.