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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Stock exchanges must submit turnover and fee info to SEBI, with penalties for late payments under Regulation 4.</h1> Recognized stock exchanges are required to maintain registers and submit returns or information to the Securities and Exchange Board of India (SEBI) regarding their annual turnover, listing fees, and regulatory fees as specified by the Board. They must also provide any additional information or explanations requested by SEBI concerning their regulated functions and fees. If a stock exchange defaults in paying the required fees under regulation 4, it must pay a 15% annual interest on the unpaid, late, or short-paid amount for each month of delay, in addition to any other penalties under the Act, rules, or regulations.
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