Penalty for Failure by any Person to Enter into Agreement with Clients

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....by any Person to Enter into Agreement with Clients. 15B. If any person, who is registered as an intermediary and is required under this Act or any rules or regulations made thereunder to enter into a....

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.... Act, 1995 dated 25-03-1995, w.e.f. 25-1-1995. 2. Substituted vide Section 10 of the SEBI (Amendment) Act, 2002 dated 01-01-2002, w.e.f. 29-10-2002, before it was read as,  "a....