Amendment status not verified — confirm the current text below against the official source.
If a company or any person managing collective investment scheme or mutual fund 1 [or real estate investment trust or infrastructure investment trust or alternative investment fund], fails to comply with the listing conditions or delisting conditions or grounds or commits a breach thereof, it or he shall be 2 [liable to a penalty which shall not be less than five lakh rupees but which may extend to twenty-five crore rupees].
Amended up to 2019-04-22View on India Code →