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TMI BlogInformant RewardX X X X Extracts X X X X X X X X Extracts X X X X ..... edule-E for claiming such Reward: Provided that the amount of Reward shall be ten percent of the monetary sanctions 3[****] and shall not exceed Rupees 4[ten crores] or such higher amount as the Board may specify from time to time: 5[****] 6[(1A) If the total reward payable is less than or equal to Rupees One Crore, the Board may grant the said reward upon the issuance of the final order by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sion is stated below: Illustrative table of the reward payable (Amount in crore rupees) A. Monetary Sanctions ≥ 100.00 20.00 10.00 5.00 1.00 B. Total Reward Payable = 10% of Monetary Sanctions subject to maximum of ₹ 10.0 crores. 10.00 2.00 1.00 0.50 0.10 C. Maximum Amount Payable as Interim Reward (on the issuance of final order by the Board against the person d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9-2020 w.e.f. from 100th day from 17-9-2019 2. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/37 dated 05-08-2021 before it was read as, "Upon collection or substantial recovery of the monetary sanctions amounting to at least twice the Reward, the" 3. Omitted vide Notification No. SEBI/LAD-NRO/GN/2021/37 dated 05-08-2021 before it was read as "collected or recovered" ..... X X X X Extracts X X X X X X X X Extracts X X X X
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