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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2018 Chapters List Part VI AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956 This

Clause 153 - Amendment of section 23JB - FINANCE BILL, 2018

FINANCE BILL, 2018
Part VI
AMENDMENTS TO THE SECURITIES CONTRACTS (REGULATION) ACT, 1956
  • Contents

153. Amendment of section 23JB.

In section 23JB of the principal Act, in sub-section (1), for the words “by the adjudicating officer”, the words “under this Act” shall be substituted.

 



 

Notes on Clauses:

Clause 153 of the Bill seeks to amend section 23JB of the Act, as a consequential amendment, to provide for recovery in respect of default in payment of monetary penalty levied by the Board.

 
 
 
 

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