Section 12, National Capital Territory of Delhi Laws (Special Provisions) Act, 2009 [S24-KT5]
As at 6 September 2026. In force from 3 September 2009 by S.O. 1662(E) [N12-EF8].
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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