TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Person failing to comply with Depositories Act faces penalty between one lakh to one crore rupees under Section 19G</h1> Section 19G of the Depositories Act, 1996 establishes a general penalty provision for contraventions where no specific penalty is prescribed. Any person who fails to comply with provisions of the Act, rules, regulations, bye-laws, or directions issued by the Board faces monetary penalties ranging from a minimum of one lakh rupees to a maximum of one crore rupees. This provision was inserted in 2004 and subsequently amended in 2014 to include the mandatory minimum penalty amount.
TaxTMI 
