The Securities Contract Regulation Act, 1956

Securities Contract Regulation Act, 1956 alongwith Rules As amended by the Finance Act, 2023

This edition of The Securities Contracts (Regulation) Act, 1956 (Act 42 of 1956), updated with all amendments introduced by the Finance Act, 2023 (8 of 2023) and allied rules and regulations, serves as a comprehensive and reliable legal reference for students preparing for the All India Bar Examination (AIBE), as well as legal professionals, company secretaries, compliance officers, and market participants in the securities sector.

The book presents the bare text of the law—precisely as enacted—without commentary or interpretation, making it ideal for examination purposes, statutory compliance, and legal referencing. It contains the complete legislative framework governing securities contracts, stock exchanges, and public shareholding requirements in India.

The content spans the full scope of the Act, including:

• The Securities Contracts (Regulation) Rules, 1957

• The Securities Contracts (Reference to the Company Law Board) Rules, 1986

• The Securities Contracts (Regulation) (Appeal to Securities Appellate Tribunal) Rules, 2000

• The Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) Rules, 2005, as amended in 2021

• The Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006

• The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, as amended in 2024

This edition is particularly suitable for:

• AIBE aspirants and law students studying corporate and securities law

• Practising lawyers and law firms handling securities market disputes and compliance matters

• Company secretaries and compliance officers in listed companies and stock exchanges

• Market intermediaries, brokers, and clearing members requiring statutory reference

• Regulatory professionals working with SEBI, stock exchanges, and other market institutions

With the latest amendments and subsidiary rules in place, this 2025 edition ensures readers have the most up-to-date statutory reference for the regulation of securities contracts and stock exchanges in India.