https://www.taxtmi.com/acts?id=32757 Section 19B creates a statutory penalty for failure to enter a required agreement under the Depositories Act: a depository, participant, issuer or its agent, and registered intermediaries are liable to a monetary sanction for each day the failure continues, subject to an overall statutory maximum; the provision sets minimum and maximum bounds and records amendment history to the monetary formulation. en-us Wed, 21 Nov 2018 14:13:38 +0530 Fri, 04 Jul 2025 12:10:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32757 Section 19B creates a statutory penalty for failure to enter a required agreement under the Depositories Act: a depository, participant, issuer or its agent, and registered intermediaries are liable to a monetary sanction for each day the failure continues, subject to an overall statutory maximum; the provision sets minimum and maximum bounds and records amendment history to the monetary formulation. Act-Rules SEBI Wed, 21 Nov 2018 14:13:38 +0530 https://www.taxtmi.com/acts?id=32757