Penalty for furnishing incorrect information in reports or certificates.

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..... tificates. 463. (1) Any accountant or merchant banker or registered valuer, shall be liable to pay a penalty of ten thousand rupees for any incorrect information in any report or certificate furnishe .....

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..... authority in the course of any proceedings under this Act. (4) In this section,- (a) "merchant banker" means Category I merchant banker registered with the Securities and Exchange Board of India es .....

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