INDIA CODE

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Section 54, Securities and Exchange Board of India Act, 1992 [S1W-Z3C]

As at 7 September 2026. In force from 28 April 1992.

In Securities and Exchange Board of India Act, 1992 [A11-1F5]. This text from 28 April 1992. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 54, Securities and Exchange Board of India Act, 1992 [S1W-Z3C]. Machine: S1W-Z3C.

54. Prohibition of the listing of securities without licence.—No person shall undertake the listing of securities except under and in accordance with the conditions of a licence granted under section 55: Provided that nothing in this section shall apply to the listing of securities undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

securities: Section 2, Securities and Exchange Board of India Act, 1992 [S1WXFW] (In this Act, unless the context otherwise requires,—): "securities" has the meaning assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956)

securities: 13 more definitions.

Made under this section, or naming it (0)

none

Cited by (0)

none

Not held (0)

none

Duties published under this section (0)

none

Section 54, Securities and Exchange Board of India Act, 1992 [S1W-Z3C]