The Securities and Exchange Board of India (SEBI) has now added messaging apps like WhatsApp, Telegram and Signal to the list of mediums to send notices and summons to violators of stock market rules. . This has been done to expedite the procedures and increase the rate of service of show cause notices and summons.
The Supreme Court, during the hearing of a case on July 11, 2020, had also agreed in principle that notices and summons sent through messaging apps like WhatsApp and Telegram, apart from email, would also be legally valid.
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