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Section 26

Cognizance of Offences by Courts.

The Securities and Exchange Board of India Act, 1992
(1) No court shall take cognizance of any offence punishable under this Act or any rules or regulations made thereunder, save on a complaint made by the Board 1 ***.
2 *****


1. The words "with the previous sanction of the Central Government" omitted by Act 9 of 1995, s. 14 (w.e.f. 25-1-1995).
2. Sub-section (2) omitted by Act 27 of 2014, s. 19 (w.e.f. 18-7-2013).