Regulatory penalty powers: SEBI may levy specified securities penalties only after a prescribed inquiry and reasoned order. Amendment adds sub section (2) to section 12A, enabling SEBI to levy penalties under sections 23A-23H and 23GA after holding an inquiry in the prescribed manner and issuing an order with reasons in writing, without prejudice to sub section (1) and section 23 I.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory penalty powers: SEBI may levy specified securities penalties only after a prescribed inquiry and reasoned order.
Amendment adds sub section (2) to section 12A, enabling SEBI to levy penalties under sections 23A-23H and 23GA after holding an inquiry in the prescribed manner and issuing an order with reasons in writing, without prejudice to sub section (1) and section 23 I.
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