INDIA CODE
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Bye-law 3, Securities and Exchange Board of India (Registration of The business of a stock broker) Bye-laws, 2007 [S2Z-TFD]

As at 7 September 2026. In force from 3 January 2007.

In Securities and Exchange Board of India (Registration of The business of a stock broker) Bye-laws, 2007 [R10-GQ6]. This text from 3 January 2007. No other text held.

Synthetic. This instrument, its title, its number and the words of this section are generated by the register.

Cite: Bye-law 3, Securities and Exchange Board of India (Registration of The business of a stock broker) Bye-laws, 2007 [S2Z-TFD]. Machine: S2Z-TFD.

Contravention.—Any stock broker who contravenes any provision of these bye-laws shall be liable to a fine which may extend to twenty-five crore rupees, to be imposed by the Board after giving a reasonable opportunity of being heard.

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Bye-law 3, Securities and Exchange Board of India (Registration of The business of a stock broker) Bye-laws, 2007 [S2Z-TFD]