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        SEBI

        Regulation 298 - Failure to pay fine

        Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
        Chapter XII
        MISCELLANEOUS

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        Failure to pay fines: stock exchange may initiate bye law actions against a listed issuer after issuing written notice. If a listed issuer does not pay any fine imposed by the recognised stock exchange within the prescribed period, the stock exchange may, after issuing a written notice, initiate other action in accordance with its bye laws to enforce the penalty and secure compliance.
                        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 pay fines: stock exchange may initiate bye law actions against a listed issuer after issuing written notice.

                              If a listed issuer does not pay any fine imposed by the recognised stock exchange within the prescribed period, the stock exchange may, after issuing a written notice, initiate other action in accordance with its bye laws to enforce the penalty and secure compliance.


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