Section 42 - Amendment of section 19A - Securities Laws (Amendment) Act, 2014

Amendment of section 19A. 42. In section 19A of the principal Act, in clauses (a), (b) and (c), for the words of one lakh rupees for each day during which such failure continues or one crore rupees, whichever is less , the words which shall not be less than one lakh rupees but which may extend to one lakh rupees for each day during which such failure continues subject to a maximum of one crore rupees shall be substituted.