Monetary penalties for failure to issue contract notes and for tampering with records now extend to electronic conduct. Amendments impose monetary penalties for failure to issue contract notes as prescribed by the stock exchange under section 15F, extend section 15C to treat failure to redress investor grievances when called upon by the Board via electronic means as penaltyable conduct, seek to restrict accumulation of surplus funds under section 14, and introduce section 15HAA penalising alteration, destruction, concealment or falsification of records (including electronic records) that impede or influence Board investigations and protect electronic databases.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Monetary penalties for failure to issue contract notes and for tampering with records now extend to electronic conduct.
Amendments impose monetary penalties for failure to issue contract notes as prescribed by the stock exchange under section 15F, extend section 15C to treat failure to redress investor grievances when called upon by the Board via electronic means as penaltyable conduct, seek to restrict accumulation of surplus funds under section 14, and introduce section 15HAA penalising alteration, destruction, concealment or falsification of records (including electronic records) that impede or influence Board investigations and protect electronic databases.
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