Penalties

The Dowry Prohibition Act, 1961

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Kanyadan became associated with varadakshina, i.e. the cash or gifts in kind by the parents or guardian of the bride to the bridegroom. It was offered out of love and affection and did not constitute any consideration for the marriage. It was a voluntary practice without any coercive force. But slowly and gradually, the voluntary element has disappeared and the coercive element has crept in which is popularly known in today’s world as “Dowry”.

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What Is Insider Trading and How does SEBI Deals with It?

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Insider trading includes trading in a public company by someone who has confidential, price sensitive information, and who uses and deals with such information. Insider trading can either be illegal or legal depending on the knowledge, based on which the individual is trading. According to section 2(h)(ha) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992[i] ‘price sensitive information’ means any information relating to present, future or even past, that has the potential to affect the prices of securities and value of the company.

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