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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 23F Amendment: Penalty Now Ranges from 5 Lakh to 25 Crore Under Securities Contracts (Regulation) Act.</h1> Section 23F of the Securities Contracts (Regulation) Act, 1956, as amended by the Securities Laws (Amendment) Act, 2014, modifies the penalty provisions. The amendment changes the penalty from a maximum of twenty-five crore rupees to a range that starts at a minimum of five lakh rupees and can extend up to twenty-five crore rupees.
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