Bare ActsThe Securities Contracts (Regulation) Act, 1956

Section 29

Protection of action taken in good faith.

Amendment status not verified — confirm the current text below against the official source.

No suit, prosecution or other legal proceeding whatsoever shall lie in any court against the governing body or any member, office bearer or servant of any recognised stock exchange or against any person or persons appointed under sub-section (1) of section 11 for anything which is in good faith done or intended to be done in pursuance of this Act or of any rules or bye-laws made thereunder.

Amended up to 2019-04-22View on India Code →
Section 29 – The Securities Contracts (Regulation) Act, 1956 | DailyLaw.ai