Consequences of Default in Payment of Regulatory Fees

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....oard of India (Stock Brokers) Regulations, 2026<br>44. (1) Nothing contained in regulation 42 shall affect the primary liability of a stock broker or clearing member or self-clearing member to pay the....

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....prejudice to any other action that may be taken under the Act, rules or regulations, pay an interest of 1 per cent per month for every month of delay or part thereof to the Board. (3) Every stock b....