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Amendment of section 15D

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Full Text of the Document

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....15D. 9. In section 15D of the principal Act,- (i) in clause (a), for the words ''of one lakh rupees for each day during which he sponsors or carries on any collective investment scheme including mu....

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Full Text of the Document

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....h rupees for each day during which such failure continues or one crore rupees, whichever is less'', the words ''which shall not be less than one lakh rupees but which may extend to one lakh rupees for....