Failure to furnish required information triggers statutory penalties for non-compliance with listing and record-keeping obligations. Section 23A imposes monetary penalties on persons who fail to furnish required information, documents, books, returns or reports or who furnish false, incorrect or incomplete information under the Act, rules, listing agreements or bye-laws, with a minimum penalty, a daily accruing penalty for the period of default and an overall maximum cap; the same penalty structure applies where required books of account or records are not maintained.
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.
Failure to furnish required information triggers statutory penalties for non-compliance with listing and record-keeping obligations.
Section 23A imposes monetary penalties on persons who fail to furnish required information, documents, books, returns or reports or who furnish false, incorrect or incomplete information under the Act, rules, listing agreements or bye-laws, with a minimum penalty, a daily accruing penalty for the period of default and an overall maximum cap; the same penalty structure applies where required books of account or records are not maintained.
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