Liability for default by research analysts: specified breaches attract enforcement under the Act or intermediaries regulations. Liability arises where a research analyst or research entity commits any of six specified defaults: contravention of the Act or related regulations/circulars; failing to furnish required information; providing false or materially misleading information; not submitting required periodic returns or reports; not cooperating in Board enquiries, inspections or investigations; or failing to resolve complaints or reply satisfactorily. Such defaults are to be dealt with under the Act or the Securities and Exchange Board of India (Intermediaries) Regulations, 2008.
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.
Liability for default by research analysts: specified breaches attract enforcement under the Act or intermediaries regulations.
Liability arises where a research analyst or research entity commits any of six specified defaults: contravention of the Act or related regulations/circulars; failing to furnish required information; providing false or materially misleading information; not submitting required periodic returns or reports; not cooperating in Board enquiries, inspections or investigations; or failing to resolve complaints or reply satisfactorily. Such defaults are to be dealt with under the Act or the Securities and Exchange Board of India (Intermediaries) Regulations, 2008.
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