TMI BlogPenaltiesX X X X Extracts X X X X X X X X Extracts X X X X ..... y of the provisions contained in section 13 or section 16; or (c) contravenes the provisions contained in 1 [section 17 or section 17A], or section 19; or 2 [ (d) enters into any contract in derivative in contravention of section 18A or the rules made under section 30;] (e) owns or keeps a place other than that of a recognised stock exchange which is used for the purpose of entering ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... believe that contracts can be entered into or performed under this Act through him; or (h) not being a member of a recognised stock exchange or his agent authorised as such under the rules or bye-laws of such stock exchange or not being a dealer in securities licensed under section 17, canvasses, advertises or touts in any manner either for himself or on behalf of any other persons for any busi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in section 15 4 [ or who fails to comply with the provisions of 5 [ section 21 or section 21A] or with the orders of] or section 22 6 [or with the orders of the Securities Appellate Tribunal] 7 [shall, without prejudice to any award of penalty by the Adjudicating Officer under this Act, on conviction, be punishable with imprisonment for a term which may extend to ten years or with fine, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1995.Prior to 1995, Securities and Exchange Board of India under section 21 or Central Government under section 22 were substitutes for Central Government under Section 21 or section 22 vide The Schedule, Part II of Securities and Exchange Board of India Act, 1992, w.e.f. 30-01-1992. 5 Inserted by the Securities Laws (Amendment) Act, 2004, Sec 10, w.e.f.. 12-10-2004. 6 Inserted by the Se ..... X X X X Extracts X X X X X X X X Extracts X X X X
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