Amendment of section 15C.

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..... Clauses 177 to 181 seek to amend the certain provisions fo the Securities Exchange Board of India Act, 1992. It is proposed to amend section 14 of the said Act so as to restrict the accumulation of huge surplus funds with the Securities Exchange Board of India. It is further proposed to amend section 15C of the said Act so as to provide that failure of any listed company or any person who is re .....

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