Section 32, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X-1QY]
As at 7 September 2026. In force from 25 May 1992.
32. Registration of stocks broker.—(1) Every stock broker shall, within thirty days from the commencement of this Act or, where such person begins the business of a stock broker after such commencement, within thirty days from the date of such beginning, make an application for registration to the Board in Form C, accompanied by a fee of twenty-five thousand rupees. (2) The Board shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No stock broker shall carry on the business of a stock broker unless registered under this section.
Defined terms in this text (1)
Board: Section 2, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X0S6] (In this Act, unless the context otherwise requires,—): "Board" means the Securities and Exchange Board of India established under section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)
Board: 279 more definitions.
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