Section 12, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X-13K]

As at 7 September 2026. In force from 25 May 1992.

In Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [A11-1HW]. This text from 25 May 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 12, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X-13K]. Machine: S1X-13K.

12. Prohibition of the business of a stock broker without licence.—No person shall undertake the business of a stock broker except under and in accordance with the conditions of a licence granted under section 13: Provided that nothing in this section shall apply to the business of a stock broker undertaken by or on behalf of the Central Government or a State Government.

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