Penalty for failure by any person to enter into agreement with clients

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..... failure by any person to enter into agreement with clients. 15B. If any person, who is registered as an intermediary and is required under this Act or any rules or regulations made thereunder to .....

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..... by the SEBI (Amendment) Act, 2002, w.e.f. 29-10-2002. 2 Substituted for the words of one lakh rupees for each day during which such failure continues or one crore rupees, whichever is less by the .....

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