Section 11D: Cease and desist proceedings.

The Securities and Exchange Board of India Act, 1992Central Act · Act 15 of 1992

[11D. Cease and desist proceedings.-- If the Board finds, after causing an inquiry to be made, that any person has violated, or is likely to violate, any provisions of this Act, or any rules or regulations made thereunder, it may pass an order requiring such person to cease and desist from committing or causing such violation:

Provided that the Board shall not pass such order in respect of any listed public company or a public company (other than the intermediaries specified under section 12) which intends to get its securities listed on any recognised stock exchange unless the Board has reasonable grounds to believe that such company has indulged in insider trading or market manipulation.]

Where this provision sits

Act	The Securities and Exchange Board of India Act, 1992
Section	11D
Marginal note	Cease and desist proceedings.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	2

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

inserted, Act 9 of 1995. . Ins. by Act 9 of 1995, s. 6 (w.e.f. 25-1-1995)

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