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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Amendments to SEBI Act: Increased Penalties for Violations, New Penalties for Data Tampering Under Sections 15F & 15HAA</h1> Clause 180 of the Finance (No. 2) Bill, 2019 proposes amendments to the Securities and Exchange Board of India Act, 1992. Section 15F is amended to increase the monetary penalty for certain violations to one crore rupees. Other amendments include restricting surplus fund accumulation by the Board, penalizing listed companies and intermediaries for not addressing investor grievances, and imposing penalties for failure to issue proper contract notes. Additionally, a new section 15HAA introduces penalties for tampering with information to obstruct investigations, and it aims to protect the Board's electronic database and intermediaries.