Factors to be taken into Account while Adjudging Quantum of Penalty
X X X X Extracts X X X X
X X X X Extracts X X X X
....actors, namely:- (a) the amount of disproportionate gain or unfair advantage, wherever quantifiable, made as a result of the default; (b) the amount of loss caused to an investor or group of investors as a result of the default; (c) the repetitive nature of the default. ^2[Explanation.-For the removal of doubts, it is clarified that the power ^5[*****] to adjudge the ....
TaxTMI