Definitions

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..... 1 of the Act; (b) Informant means an individual(s), who voluntarily submits to the Board a Voluntary Information Disclosure Form relating to an alleged violation of insider trading laws that has occurred, is occurring or has a reasonable belief that it is about to occur, in a manner provided under these regulations, regardless of whether such individual(s) satisfies the requirements, procedures an .....

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..... of information which in the opinion of the Board, - (i) Does not constitute a violation of insider trading laws; or (ii) Is rendered solely for the purposes of malicious prosecution; or (iii) Is rendered intentionally in an effort to waste the time and resource of the Board. (f) Legal Representative means a duly authorised individual who is admitted to the practice of law in India; (g) Monetary Sa .....

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..... pen or reopen an investigation or inquiry, or (4) inquire into a different conduct as part of an ongoing examination or investigation or inquiry or audit directed by the Board; 2 [ Explanation . Information shall be considered timely, only if as on the date of receipt of the duly completed Voluntary Information Disclosure Form by the Board, a period of not more than three years has elapsed since t .....

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..... or confidential communication protected under the Indian Evidence Act, 1872 (1 of 1872); (j) own knowledge means relevant information in the possession of the Informant not derived from publicly available sources: Provided that such knowledge is not derived from professional or confidential communications protected under the Indian Evidence Act, 1872 (1 of 1872); (k) Reward means any gratuitous mo .....

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..... d to them in those laws or any statutory modification or re-enactment thereto. ] ************* NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2019/32 dated 17-09-2019 w.e.f. from 100th day from 17-9-2019 2. Inserted vide Notification No. SEBI/LAD-NRO/GN/2020/38 dated 29-10-2020 3. Omitted vide Notification No. SEBI/LAD-NRO/GN/2022/108 dated 24-11-2022 w.e.f. 01-11-2024 before it was rea .....

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