Prohibition on insider trading of securities. [omitted]
Omitted
๐ Law Minded summary
This section no longer exists either. It was omitted at the same time as section 194, in February 2018.
It contained the Companies Act's own prohibition on insider trading. Insider trading is now governed entirely by SEBI's Prohibition of Insider Trading Regulations, which is where that subject lives.
by s. 65, ibid. (w.e.f. 9-2-2018). CHAPTER XIII APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL
All sections in Chapter XII โ Meetings of Board and Its Powers