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<h1>Liability for contravention permits stock exchanges to impose fines and suspend trading under board guidelines.</h1> Liability for contravention attaches to a listed entity or other person who breaches these regulations and, in addition to securities law liabilities, permits stock exchanges to impose fines, suspend trading, freeze promoter/promoter group holdings of designated securities in coordination with depositories, and take other actions as specified by the Board in circulars or guidelines; revocation of suspension and freezing is governed by the Board's circulars or guidelines.