SEBI Issues a Circular in Regard to Procedure for Implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005

Section 12A

On 05th April 2023, the Securities and Exchange Board of India (SEBI) issued a notification regarding the procedure for implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005 – Directions to Stock exchanges and registered intermediaries.

The Government of India, Ministry of Finance, has issued an order dated January 30, 2023, detailing the procedure for implementation of Section 12A of the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005

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