juris

Section 25: Offences

Securities (Central Depository, Clearing And Settlement) Act

consolidated text (as at 2007). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

25. Offences (1) Any person who knowingly contravenes or fails to comply with this Act or any regulations made under it shall commit an offence and, unless otherwise expressly provided, shall, on conviction, be liable to a fine not exceeding 5,000 rupees. (2) The proceedings for an offence against this Act may be instituted by the Registrar or any person authorised by him.

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