Appellants Liable for Penalties Due to Long-Term Non-Compliance with SEBI Act Section 15A(b) Disclosure Requirements Since 1998.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Penalty under Section 15A(b) of the SEBI Act - Having failed to make yearly disclosures year after year from 1998, appellants cannot escape penal liability merely because in the year 2011 they had filed suo moto consent applications seeking consent order - SAT....