investors‘ education and training of intermediaries of securities markets; (g) prohibiting insider trading in securities; (h) regulating substantial acquisition of shares and take over ... reasonable grounds to believe that such company has been indulging in insider trading or fraudulent and unfair trade practices relating to securities market. (3) Notwithstanding
India Act, 1992
12A. Prohibition of manipulative and deceptive devices, insider trading and substantial acquisition of securities or control.
No person shall directly or indirectly ... rules or the regulations made thereunder; (d) engage in insider trading; (e) deal in securities while in possession of material or non-public information
listed on any recognised stock exchange unless such company indulges in insider trading or market manipulation. (10) The Investigating Authority shall keep in its custody
Securities and Exchange Board of India Act, 1992
15G. Penalty for insider trading.
If any insider who,— (i) either on his own behalf ... rupees or three times the amount of profits made out of insider trading, whichever is higher
reasonable grounds to believe that such company has indulged in insider trading or market manipulation
could not be said to be an “insider” as defined by the SEBI
(Prohibition of Insider Trading Regulations), 1992 (hereinafter referred ... provisions.
SEBI Act, 1992
12
“Prohibition of manipulative and deceptive devices, insider
trading and substantial acquisition of securities or control.
12A. No person shall directly
therefore, each
appellant was an 'insider' within the meaning of SEBI (Prohibition of
Insider Trading Regulations) 1992 ("PIT Regulations" for short ... connected person six
months prior to an act of insider trading;
(d) "dealing in securities" means an act of
subscribing, buying, selling
Section
Description of offence
25 read with Section 3
Contravention of export trade in antiquities and art treasures.
28
Offences by companies.
Section
Description ... read with Section 24
Prohibition of manipulative and deceptive devices, insider trading and substantial.
24
Acquisition of securities or control.
Section
Description of offence
section 194 and section 195 relating to forward dealing and insider trading shall be delegated to Securities and Exchange Board for listed companies
Section 195 in The Companies Act, 2013
195. Prohibition on insider trading of securities.—
(1) No person including any director or key managerial personnel ... company shall enter into insider trading: Provided that nothing contained in this sub-section shall apply to any communication required in the ordinary course
