The Securities Contracts (Regulation) Act

Penalties

Penalty for failure to furnish information, return, etc

Penalty for failure by any person to enter into an agreement with clients

Penalty for failure to redress Investors grievances

Penalty for failure to segregate securities or moneys of client or clients

Penalty for failure to comply with provision of listing conditions or delisting conditions or  grounds

Penalty for excess dematerialisation or delivery of unlisted securities

Penalty for failure to furnish periodical returns, etc

Penalty for failure to conduct business in accordance with rules, etc

Penalty for contravention where no separate penalty has been provided

Power to adjudicate

Factors to be taken into account by the adjudicating officer

Settlement of administrative and civil proceedings

Recovery of amounts

Continuance of proceedings

Crediting sum realised by way of penalties to Consolidated Fund of India

Appeal to Securities Appellate Tribunal

Offences

Composition of certain offences

Power to grant immunity

Offences by companies

Certain offences to be cognizabl

Cognizance of offences by courts

Establishment of Special Courts

Offences triable by Special Courts

. Appeal and Revision

Application of Code to proceedings before Special Court

Transitional provisions


PENALTIES AND PROCEDURE


1[26. 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 a
recognised stock exchange or by any person.]

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LAWGIST

# 26 Cognizance of offences by courts