| (a) | - | fails to issue contract notes in the form and manner specified by the stock exchange of which such broker is a member, he shall be liable to [a penalty which shall not be less than one lakh rupees but which may extend to] [one crore rupees] for which the contract note was required to be issued by that broker; |
| (b) | - | fails to deliver any security or fails to make payment of the amount due to the investor in the manner within the period specified in the regulations, he shall be liable to [a penalty [which shall not be less than one lakh rupees but which may extend to one lakh rupees for each day during which [such failure continues] subject to a maximum of one crore rupees]] |
| (c) | - | charges an amount of brokerage which is in excess of the brokerage specified in the regulations, he shall be liable to .... To read the full section download the app from Google Play store
06 May 2026
Account Assistant / Article ClerkV.K. Ranjan & Co(Chartered Accountants) New Delhi B.Com View Details |
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