Law · Securities Contracts (Regulation) Act, 1956
Under Section 23E of the Securities Contracts (Regulation) Act, 1956, non-compliance with listing or delisting conditions attracts a penalty of:
- 1Only a SEBI warning
- 2Rs 50 lakh only
- 3Rs 5 lakh to Rs 25 crore✓
- 4Rs 1 lakh to Rs 1 crore
Correct answer
Rs 5 lakh to Rs 25 crore
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