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Securities And Exchange Board Of India - Section

Section 31 in Securities and Exchange Board of India (Registrars to an issue and Share Transfer Agents) Regulations, 1993

31. A Registrar to an Issue and Share Transfer Agent shall not, in respect of any dealings in securities, be party to or instrumental for -

a) creation of false market;b) price rigging or manipulation;c) passing of unpublished price sensitive information in respect of securities which are listed and proposed to be listed in any stock exchange to any person or intermediary.[Substituted by S.O. 796(E), dated 30.9.1999]