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In force

The Securities Contracts (Regulation) Act, 1956

51 sections · As amended up to 2026-08

Sections

  1. 0Section 0
  2. 1Short title, extent and commencement
  3. 2The postwar boom in the stock exchanges between 1945 and 1946 and its aftermath emphasised the urgen
  4. 3Application for recognition of stock exchanges
  5. 4Grant of recognition to stock exchanges
  6. 4BProcedure for corporatisation and demutualisation
  7. 5Withdrawal of recognition
  8. 6Power of Central Government to call for periodical returns or direct inquiries to be made
  9. 7Annual reports to be furnished to Central Government by stock exchanges
  10. 7APower of recognised stock exchange to make rules restricting voting rights, etc
  11. 8Power of Central Government to direct rules to be made or to make rules
  12. 9Power of recognised stock exchanges to make bye-laws
  13. 10Power of[1] [Securities and Exchange Board of India] to make or amend bye-laws of recognised stock e
  14. 12Power to suspend business of recognised stock exchanges
  15. 12APower to issue directions
  16. 13Contracts in notified areas illegal in certain circumstances
  17. 14Contracts in notified areas to be void in certain circumstances
  18. 15Members may not act as principals in certain circumstances
  19. 16Power to prohibit contracts in certain cases
  20. 17Licensing of dealers in securities in certain areas
  21. 18Exclusion of spot delivery contracts from sections 13, 14, 15 and 17
  22. 19Stock exchanges other than recognised stock exchanges prohibited
  23. 22BProcedure and powers of Securities Appellate Tribunal
  24. 22CRight to legal representation
  25. 22DLimitation
  26. 22ECivil court not to have jurisdiction
  27. 22FAppeal to Supreme Court
  28. 23Penalties
  29. 23BPenalty for failure by any person to enter into an agreement with clients
  30. 23CPenalty for failure to redress Investors, grievances
  31. 23DPenalty for failure to segregate securities or moneys of client or clients
  32. 23EPenalty for failure to comply with listing conditions or delisting conditions or grounds
  33. 23FPenalty for excess dematerialisation or delivery of unlisted securities
  34. 23GPenalty for failure to furnish periodical returns, etc
  35. 23GAPenalty for failure to conduct business in accordance with rules, etc
  36. 23HPenalty for contravention where no separate penalty has been provided
  37. 23JCContinuance of proceedings
  38. 23KCrediting sum realised by way of penalties to Consolidated Fund of India
  39. 23LAppeal to Securities Appellate Tribunal
  40. 23MOffences
  41. 23NComposition of certain offences
  42. 25Certain offences to be cognizable
  43. 26BOffences triable by Special Courts
  44. 26CAppeal and Revision
  45. 26DApplication of Code to proceedings before Special Court
  46. 26ETransitional provisions
  47. 27Title to dividends
  48. 29Protection of action taken in good faith
  49. 29APower to delegate
  50. 29BPowers of the Securities and Exchange Board of India not to apply to International Financial Services Centre
  51. 30Power to make rules