Jurisdiction to try offences under this Act
Section 24 of the Forward Contracts (Regulation) Act, 1952 deals with jurisdiction to try offences under this Act. No court inferior to that of a presidency magistrate or a magistrate of the first class shall take cognizance of or try any offence punishable under this Act. The Act came into force on 24 Aug 1953.
No court inferior to that of a presidency magistrate or a magistrate of the first class shall take cognizance of or try any offence punishable under this Act.
Section 24, The Forward Contracts (Regulation) Act, 1952 (Act 74 of 1952).
Questions about Section 24
What does Section 24 of the Forward Contracts (Regulation) Act deal with?
Section 24 of the Forward Contracts (Regulation) Act is headed "Jurisdiction to try offences under this Act". No court inferior to that of a presidency magistrate or a magistrate of the first class shall take cognizance of or try any offence punishable under this Act.
How do I find court cases under Section 24 of the Forward Contracts (Regulation) Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Forward Contracts (Regulation) Act 24, section 24 Forward Contracts (Regulation) Act, section 24 of the Forward Contracts (Regulation) Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 24 of the Forward Contracts (Regulation) Act come into force?
Section 24 of the Forward Contracts (Regulation) Act, cited as Forward Contracts (Regulation) Act 24, came into force on 24 Aug 1953, having been enacted on 26 Dec 1952. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions790 words
- 11. Power of recognised association to make bye-laws613 words
- 21. Penalty for owning or keeping place used for entering into forward contracts in goods535 words
- 29B. Transfer and vesting of undertaking of Commission507 words
- 9A. Power of recognised association to make rules respecting grouping of members, restricting voting rights, etc., in special cases486 words
- 15. Forward contracts in notified goods illegal or void in certain circumstances482 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 20 Oct 2026. This page is not a substitute for legal advice.