TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 19FA imposes penalties up to 25 crore rupees for depositories conducting unfair business practices</h1> The Depositories Act, 1996 establishes penalties for depositories that fail to conduct business fairly with participants, issuers, agents, or securities market participants. Under Section 19FA, violations of Board rules, regulations, or directions result in monetary penalties ranging from five crore to twenty-five crore rupees, or three times the gains from such unfair conduct, whichever amount is higher. This provision was inserted through the Finance Act, 2018, effective March 2019, strengthening regulatory enforcement mechanisms for fair business practices in securities markets.
TaxTMI 
