Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Regulation 23 detailed penalties for registrars and agents, including suspension and cancellation for severe violations.</h1> Regulation 23 of the SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 1993, which was omitted in 2002, outlined penalties for registrars or share transfer agents. Suspension of certificates could be imposed for violations such as non-compliance with rules, providing false information, failing to resolve investor complaints, misconduct, and not maintaining capital adequacy. Cancellation of certificates could occur for severe infractions like deliberate market manipulation, insider trading violations, or fraud. Repeated defaults could lead to harsher penalties, including cancellation of registration.