Section 15g sebi act
WebSection 15G. Penalty for insider trading. Previous Next. 1[15G. Penalty for insider trading. -- If any insider who, shall be liable to a penalty 2 [which shall not be less than ten lakh … Web30 Jan 1992 · Securities and Exchange Board of India Act, 1992 (As amended by the Finance Act, 2024 (13 of 2024) w.e.f. April 1, 2024)
Section 15g sebi act
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Web14 Apr 2024 · As per the Securities Exchange Board of India (SEBI) guidelines, a mutual fund must have 65% of its investment in small-cap companies in order to be called a small-cap mutual fund. Web11 Apr 2024 · An individual who is paying any amount to a Non-Resident Indian (NRI) should be aware that the payment shall be subject to TDS. As per section 195 of the Income-tax Act, 1961, any 'person', responsible for paying to a non-resident shall, at the time of making payment (accrued or payable), either via cash or by the issue of a cheque or draft or by …
Web14 Mar 2024 · Insider trading is punishable u/s 15G of the SEBI Act, 1992. The penalty is as follows: An insider shall be liable to penalty which shall not be less than ` 10 lakhs but … Web14 Jul 1998 · They have argued that SEBI has wrongly directed the appellants to compensate UTI to the extent of Rs. 3.04 crores, purportedly under section 11(1) read with section 11B of the Act. According, to them, section 11(1) only authorises the Board to make a plan or adopt a course of action for regulating the securities market or safeguard the ...
Webof sub-section (1) of section 4 shall be such as may be prescribed. (2) Notwithstanding anything contained in sub-section (1), the Central Government shall have the right to terminate the services of the Chairman or a member appointed under clause (d) of sub-section (1) 1. Subs. by Act 9 of 1995, s. 2, for sub-section (2) (w.e.f. 25-1-1995). 2 ... WebThe legal source for the range of penalties imposed under the SEBI Act, 1992 is the analysis of the past trend of the cases of SEBI Adjudication, wherein penalty is imposed under …
WebNo insider shall communicate, provide, or allow access to any unpublished price sensitive information, relating to a company or securities listed or proposed to be listed, to any person including other insiders except where such communication is in furtherance of legitimate purposes, performance of duties or discharge of legal obligations.
Web15 Oct 2024 · The SEBI Act. The SEBI Act was enacted to provide for the establishment of a Board to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market. The Board achieved these objectives essentially under sections 11 and 11B of the SEBI Act. While section 11 provides for functions of ... buc ee\u0027s happy camper shirtWebUnder Section 15-I of the SEBI Act, SEBI has the power to initiate inquiry proceedings for adjudging under sections 15A, 15B, 15C, 15D, 15E, 15EA, 15EB, 15F, 15G, 15H, 15HA and 15HB of SEBI Act. The Appointment of Adjudicating Officer, if any, and holding of the inquiry is undertaken in accordance with SEBI (Procedure for Holding Inquiry and buc ee\\u0027s headquarters phone numberWeb20 Feb 2024 · As discussed, SEBI has the power under section 15G of the SEBI Act to impose a penalty of up to INR 25,00,00,000 (approximately USD 3,905,000) or three times … extend angle