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Section 23N: Composition of certain offences.

The Securities Contracts (Regulation) Act, 1956Central Act · Act 42 of 1956

Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), any offence punishable under this Act, not being an offence punishable with imprisonment only, or with imprisonment and also with fine, may either before or after the institution of any proceeding, be compounded by a Securities Appellate Tribunal or a court before which such proceedings are pending.

Where this provision sits

ActThe Securities Contracts (Regulation) Act, 1956
Section23N
Marginal noteComposition of certain offences.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

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