Penalty for noncompliance with listing or delisting conditions imposes mandatory monetary sanctions on issuers and fund managers. Failure to comply with listing conditions, delisting conditions, or grounds for delisting attracts a statutory penalty applicable to a company and any person managing a collective investment scheme, mutual fund, real estate investment trust, infrastructure investment trust or alternative investment fund; the penalty is a mandatory monetary sanction with a prescribed minimum and maximum quantum.
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.
Penalty for noncompliance with listing or delisting conditions imposes mandatory monetary sanctions on issuers and fund managers.
Failure to comply with listing conditions, delisting conditions, or grounds for delisting attracts a statutory penalty applicable to a company and any person managing a collective investment scheme, mutual fund, real estate investment trust, infrastructure investment trust or alternative investment fund; the penalty is a mandatory monetary sanction with a prescribed minimum and maximum quantum.
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