The establishment, powers and functions of the Board. The penalty provisions in Chapter VI-A and the Securities Appellate Tribunal came in by later amendment and are not stated from the original text.
The sections below are the ones the LL.B. papers examine on this Act, with the unit that covers each and the cases decided on it. The official text is on India Code ↗.
Sections in the syllabus
s. 11
Covered in Unit 3 · SEBI, FEMA, SARFAESI and the Bankers’ Books Evidence Act.
s. 11(1), 11A, 12 and 12A
Covered in Unit 3 · Financial Markets and Fiscal System.