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of <h1>Penalties for Tampering with SEBI Records: Fines Up to 10 Crore Under Section 15HAA of SEBI Act 1992</h1> Section 15HAA of the Securities and Exchange Board of India Act, 1992, imposes penalties on individuals who alter, destroy, or falsify records, or fail to protect the Board's electronic database. Unauthorized access, modification, or disruption of the database, including introducing computer viruses, is prohibited. Assisting others in these acts is also penalized. Violators face fines ranging from one lakh rupees to ten crore rupees or three times the profits gained from such actions, whichever is higher. The terms 'computer contaminant,' 'computer virus,' and 'damage' are defined as per the Information Technology Act, 2000.
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