Chapter-9 Offences Relating to Insider Trading in Securities and Transactions of Securities and Punishment

Section 92: Persons likely to be involved in insider trading

Estimated reading: 1 minute 66 views

For the purposes of this Act, the following persons shall be deemed to be those who have access to the insider information or notice not published by any body corporate:

(a) A director, employee or a person who can obtain any information or a notice in the capacity of a shareholder of that body corporate,

(b) A person who can obtain any information or a notice in the capacity of a professional service provider to that body corporate,

(c) A person who can obtain any information or a notice having direct or indirect contact with the person or source as specified in clauses (a) and (b).

Share this Law

Section 92: Persons likely to be involved in insider trading

Or copy link

Discover Nepal's laws effortlessly. Our user-friendly platform simplifies legal understanding and accessibility, serving individuals throughout the country.