https://www.taxtmi.com/acts?id=32817 Determination of penalty quantum requires regard to three factors: the amount of disproportionate gain or unfair advantage from the default, the amount of loss caused to an investor or group of investors as a result of the default, and the repetitive nature of the default. An explanatory clause deems the power to adjudge quantum under specified related provisions to have been and to always be exercised under this section, aligning those penalty provisions with these evaluative criteria. en-us Thu, 22 Nov 2018 14:13:45 +0530 Wed, 04 May 2022 10:14:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32817 Determination of penalty quantum requires regard to three factors: the amount of disproportionate gain or unfair advantage from the default, the amount of loss caused to an investor or group of investors as a result of the default, and the repetitive nature of the default. An explanatory clause deems the power to adjudge quantum under specified related provisions to have been and to always be exercised under this section, aligning those penalty provisions with these evaluative criteria. Act-Rules SEBI Thu, 22 Nov 2018 14:13:45 +0530 https://www.taxtmi.com/acts?id=32817