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    Question

    The Magistrate or Judge of the Designated Court shall

    not authorise seizure of books, registers, other documents and record, of_____________
    A Listed public companies Correct Answer Incorrect Answer
    B Public companies intending to get listed Correct Answer Incorrect Answer
    C Public companies indulging in insider training Correct Answer Incorrect Answer
    D Both a & b Correct Answer Incorrect Answer

    Solution

    Section 11C Investigation (9) (c) to seize books, registers, other documents and record, it considers necessary for the purposes of the investigation: The Magistrate or Judge of the Designated Court shall not authorise seizure of books, registers, other documents and record, of any listed public company or a public company which intends to get its securities listed on any recognised stock exchange unless such company indulges in insider trading or market manipulation.

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