The Securities Contracts (Regulation) Act `1956An Act to prevent undesirable transactions in securities by regulating the business of dealing therein, by providing for certain other matters connected therewith.
List of Chapters & Sections
PRELIMINARY RECOGNISED STOCK EXCHANGE CONTRACTS AND OPTIONS IN SECURITIES LISTING OF SECURITIES BY PUBLIC COMPANIES PENALTIES AND PROCEDURE MISCELLANEOUS
RECOGNISED STOCK EXCHANGE3Application for recognition of stock exchanges4Grant of recognition to stock exchanges4ACorporatisation and demutualisation of stock exchanges4BProcedure for corporatisation and demutualisation5Withdrawal of recognition6Power of Central Government to call for periodical returns or direct inquiries to be made7Annual reports to be furnished to the Central Government by stock exchanges7APower of recognised stock exchange to make rules restricting voting rights, etc8Power of Central Government to direct rules to be made or to make rules8AClearing corporation9Power of recognised stock exchanges to make bye-laws10Power of Securities and Exchange Board of India to make or amend bye-laws of recognised stock exchanges11Power of Central Government to supersede governing body of a recognised stock exchange12Power to suspend business of recognised stock exchanges12APower to issue directions
CONTRACTS AND OPTIONS IN SECURITIES13Contracts in notified areas illegal in certain circumstances13AAdditional trading floor14Contracts in notified areas to be void in certain circumstances15Members may not act as principals in certain circumstances16Power to prohibit contracts in certain cases17Licensing of dealers in securities in certain areas17APublic issue and listing of securities referred to in sub-clause (ie) of clause (h) of section 218Exclusion of spot delivery contracts from sections 13, 14, 15 and 1718AContracts in derivatives19Stock exchanges other than recognised stock exchanges prohibited20[Omitted.]
LISTING OF SECURITIES BY PUBLIC COMPANIES21Conditions for listing21ADelisting of securities22Right of appeal against refusal by stock exchanges to list securities of public companies22ARight of appeal to Securities Appellate Tribunal against refusal of stock exchange to list securities of public companies22BProcedure and powers of Securities Appellate tribunal22CRight to legal representation22DLimitation22ECivil Court not to have jurisdiction22FAppeal to High Court
PENALTIES AND PROCEDURE23Penalties23APenalty for failure to furnish information, return, etc23BPenalty for failure by any person to enter into an agreement with clients23CPenalty for failure to redress Investors grievances23DPenalty for failure to segregate securities or moneys of client or clients23EPenalty for failure to comply with provision of listing conditions or delisting conditions or grounds23FPenalty for excess dematerialisation or delivery of unlisted securities23GPenalty for failure to furnish periodical returns, etc23GAPenalty for failure to conduct business in accordance with rules, etc23HPenalty for contravention where no separate penalty has been provided23-IPower to adjudicate23JFactors to be taken into account by the adjudicating officer23JASettlement of administrative and civil proceedings23JBRecovery of amounts23JCContinuance of proceedings23KCrediting sum realised by way of penalties to Consolidated Fund of India23LAppeal to Securities Appellate Tribunal23MOffences23NComposition of certain offences23-OPower to grant immunity24Offences by companies25Certain offences to be cognizabl26Cognizance of offences by courts26AEstablishment of Special Courts26BOffences triable by Special Courts26C. Appeal and Revision26DApplication of Code to proceedings before Special Court26ETransitional provisions
MISCELLANEOUS27Title to dividends27ARight to receive income from collective investment scheme27BRight to receive income from mutual fun28Act not to apply in certain cases29Protection of action taken in good faith29Apower to delegat30Power to make rules30ASpecial provisions related to commodity derivatives31Power of Securities and Exchange Board of India to make regulations32Validation of certain acts