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Bare acts > Securities Contracts (Regulation) Act, 1956 > Section 26


*[26. Cognizance of offences by courts.- (1) No court shall take cognizance of any offence punishable under this Act or any rules or regulations or bye-laws made thereunder, save on a complaint made by the Central Government or State Government or the Securities and Exchange Board of India or a recognised stock exchange or by any person.

(2) No court inferior to that of a Court of Session shall try any offence punishable under this Act.

*[Substituted by Securities Laws (Amendment) Act, 2004]






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