Chapter VIA — Penalties And Adjudication

Section 15J — Factors to be taken into account while adjudging quantum of penalty

Securities and Exchange Board of India Act, 1992 · Preview

While adjudging the quantum of penalty under [15-I or section 11 or section 11B, the Board or the adjudicating officer] shall have due regard to the following factors, namely:-- (a) the amount of…