TMI BlogInsertion of new section 19FA.-Penalty for failure to conduct business in a fair manner.X X X X Extracts X X X X X X X X Extracts X X X X ..... new section 19FA. After section 19F of the principal Act, the following section shall be inserted, namely:-- Penalty for failure to conduct business in a fair manner. "19FA. Where a depository fail ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amount of gains made out of such failure, whichever is higher.". - Clause 191 of the Bill seeks to insert a new section 19FA in the Act, for imposing monetary penalty on a depository for failure to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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