Question

As per Reg 7J of SEBI (Prohibition  of  Insider Trading) Regulations, 2015, what is the effect of a term in an agreement or Code of Conduct that precludes a person, other than an advocate, from submitting information to the Board? 

A The term is valid and enforceable.
B The term is void and unenforceable.
C The term is valid unless the violation of securities laws is imminent.
D The term is void only for written agreements, not oral agreements.
E None of these
Practice Next

Hey! Ask a query