https://www.taxtmi.com/acts?id=32907 Section 23C requires stock brokers, sub brokers and listed or proposed-to-be-listed companies to redress investor grievances upon written direction from SEBI or a recognised stock exchange; failure to do so within the stipulated time attracts a statutory penalty comprising a minimum sanction and an escalating per day liability for the duration of non compliance, subject to an overall maximum, with legislative amendments having altered the precise wording of minimum, per day and cap provisions. en-us Fri, 23 Nov 2018 11:11:04 +0530 Fri, 23 Nov 2018 11:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32907 Section 23C requires stock brokers, sub brokers and listed or proposed-to-be-listed companies to redress investor grievances upon written direction from SEBI or a recognised stock exchange; failure to do so within the stipulated time attracts a statutory penalty comprising a minimum sanction and an escalating per day liability for the duration of non compliance, subject to an overall maximum, with legislative amendments having altered the precise wording of minimum, per day and cap provisions. Act-Rules SEBI Fri, 23 Nov 2018 11:11:04 +0530 https://www.taxtmi.com/acts?id=32907