September 12, 2026

Section 23. Protection of Action Taken in Good Faith – The Securities and Exchange Board of India Act, 1992

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23. Protection of action taken in good faith

No suit, prosecution or other legal proceedings shall lie against the Central Government or Board or any officer of the Central Government or any member, officer or other employee of the Board for anything which is in good faith done or intended to be done under this Act or the rules or regulations made thereunder.