Bare ActsThe Securities and Exchange Board of India Act, 1992

Section 15HA

Penalty for fraudulent and unfair trade practices.

Amendment status not verified — confirm the current text below against the official source.

1 [15HA. Penalty for fraudulent and unfair trade practices .--If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty 2 [which shall not be less than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is higher].]

Amended up to 2019-04-22View on India Code →
Section 15HA – The Securities and Exchange Board of India Act, 1992 | DailyLaw.ai