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Liability for action in case of default

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....ons, 1999<br>CHAPTER VI PROCEDURE FOR ACTION IN CASE OF DEFAULT ^1[Liability for action in case of default 34. A credit rating agency which contravenes any of the provisions of the Act, Rules....

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....sing Penalty) Regulation, 2002, w.e.f. 27.09.2002, read as under: "34. Liability for action in case of default.&#9472; (1) A credit rating agency which&#9472; (a) fails to comply with a....