Section 15: Improperly divulging details of transaction
consolidated text (as at 2005). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
15. Improperly divulging details of transaction
(1) No broker shall, without the consent of his principal, or unless the
nature of the transaction demands it, divulge to any third party the details of
any transaction entrusted to him.
(2) Where, as the result of any broker having divulged to any third party
the particulars of a transaction entrusted to him, his principal has suffered
any damage, the broker shall commit an offence and shall, on conviction, be
liable to a fine not exceeding 2,000 rupees, independently of any claim for
damages by the party injured.