TMI BlogPenalty for failure to redress investors’ grievancesX X X X Extracts X X X X X X X X Extracts X X X X ..... 19C. If any depository or participant or any issuer or its agent or any person, who is registered as an intermediary under the provisions of section 12 of the Securities and Exchange Board of India ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... during which such failure continues subject to a maximum of one crore rupees ]] . ************* 1 Inserted by the Securities Laws (Amendment) Act, 2004, Sec. 17, w.e.f. 12-10-2004. 2 Sub ..... X X X X Extracts X X X X X X X X Extracts X X X X
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