Law · SEBI Act, 1992
Under Section 15HB of the SEBI Act, 1992, what is the penalty prescribed for offenses/violations where no separate or specific penalty has been provided elsewhere in the Act?
- 1Minimum ₹5 lakh and maximum ₹25 crore
- 2Not less than ₹1 lakh but which may extend to ₹1 crore✓
- 3Minimum ₹50,000 and maximum ₹5 lakh
- 4Up to ₹5 lakh
Correct answer
Not less than ₹1 lakh but which may extend to ₹1 crore
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