Insertion of new section 19FA.-Penalty for failure to conduct business in a fair manner.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on of 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

→ Full Text of the Document

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 co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X