Section 11C(9) in The Securities And Exchange Board Of India (Amendment) Act, 2002
(9)After considering the application and hearing the Investigating Authority, if necessary, the Magistrate may, by order, authorise the Investigating Authority-(a) to enter, with such assistance, as may be required, the place or places where such books, registers, other documents and record are kept;(b)to search that place or those places in the manner specified in the order; and(c)to seize books, registers, other documents and record, it considers necessary for the purposes of the investigation: Provided that the Magistrate shall not authorise seizure of books, registers, other documents and record, of any listed public company or a public company (not being the intermediaries specified under section 12) which intends to get its securities liste on any recognised stock exchange unless such company indulges in insider trading or market manipulation.
