Section 5, Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 [S22-8DR]
As at 6 September 2026. In force from 22 July 2005.
5. Prohibition of dealing in securities without licence.—No person shall undertake dealing in securities except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to dealing in securities undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (1)
securities: Section 2, Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 [S228AP] (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 (1)
Section 33, Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 [S22-99M], 22 July 2005, Band A. "section 5".
Not held (0)
none
Duties published under this section (0)
none