https://www.taxtmi.com/acts?id=56730 Portfolio managers who contravene the Act, rules, regulations, or circulars and guidelines issued under them are liable to action available under securities laws or any other law in force. Regulation 42 places this liability within the procedure for action in case of default and preserves enforcement consequences authorised by applicable securities and other laws. Liability arises from such non-compliance and is not confined to a single enforcement framework. en-us Wed, 14 Oct 2026 16:00:02 +0530 Wed, 14 Oct 2026 16:00:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=56730 Portfolio managers who contravene the Act, rules, regulations, or circulars and guidelines issued under them are liable to action available under securities laws or any other law in force. Regulation 42 places this liability within the procedure for action in case of default and preserves enforcement consequences authorised by applicable securities and other laws. Liability arises from such non-compliance and is not confined to a single enforcement framework. Act-Rules SEBI Wed, 14 Oct 2026 16:00:02 +0530 https://www.taxtmi.com/acts?id=56730