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[22. Cognizance of offences by courts.--(1) No court shall take cognizance of any offence
punishable under this Act or any rules or regulations or bye-laws made thereunder, save on a complaint
made by the Central Government or State Government or the Securities and Exchange Board of India or
by any person.
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1. Subs. by Act 1 of 2005, s. 19, for section 22 (w.e.f. 12-10-2004).
2. Sub-section (2) omitted by Act 27 of 2014, s. 52 (w.e.f. 18-7-2013).