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Insertion of new section 15HAA.

on shall be inserted, namely:- Penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board. 15HAA. Any person, who- (a) knowingly alters, destroys, mutilates, conceals, falsifies, or makes a false entry in any information, record, document (including electronic records), which is required under this Act or any rules or regulations made thereunder, .....

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ts, copies, or reproduces in any form the regulatory data maintained in the system database; (d) knowingly introduces any computer virus or other computer contaminant into the system database and brings out a trading halt; (e) without authorisation disrupts the functioning of system database; (f) knowingly damages, destroys, deletes, alters, diminishes in value or utility, or affects by any means, .....

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the accumulation of huge surplus funds with the Securities Exchange Board of India. It is further proposed to amend section 15C of the said Act so as to provide that failure of any listed company or any person who is registered as an inermediary, to redress investors grievances after having been called upon the Board even through any electronic means and not necessarily in writing, may also amount .....

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