Section 26, Securities and Exchange Board of India Act, 1992 [S1W-Y70]
As at 7 September 2026. In force from 28 April 1992.
26. Prohibition of the business of an intermediary without licence.—No person shall undertake the business of an intermediary except under and in accordance with the conditions of a licence granted under section 27: Provided that nothing in this section shall apply to the business of an intermediary undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (1)
intermediary: Section 2, Securities and Exchange Board of India Act, 1992 [S1WXFW] (In this Act, unless the context otherwise requires,—): "intermediary" means a person registered under section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)
intermediary: 25 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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