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Penalty for violation of Section 15HB of SEBI Act, 1992 - ...


Tribunal Modifies Order to Impose Minimum Penalty of Rs. 1,00,000 for Section 15HB SEBI Act Violation.

June 30, 2023

Case Laws     SEBI     SC

Penalty for violation of Section 15HB of SEBI Act, 1992 - justification for the Tribunal to reduce the penalty below Rs. 1,00,000/- which is the minimum as permissible - Tribunal has not taken into consideration the effect and mandate of Section 15HB of the SEBI Act, 1992 - Order of tribunal modified to levy minimum penalty of Rs. 1 Lac. - SC

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