Chapter VI
FINANCE, ACCOUNTS AND AUDIT
Sections in this chapter
- Section 13 — Grants by the Central Government.
- Section 14 — Fund.
- Section 15 — Accounts and audit.
- Section 15A — Penalty for failure to furnish information, return, etc.
- Section 15B — Penalty for failure by any person to enter into agreement with clients.
- Section 15C — Penalty for failure to redress investors’ grievances.
- Section 15D — Penalty for certain defaults in case of mutual funds.
- Section 15E — Penalty for failure to observe rules and regulations by an asset management company.
- Section 15EA — Penalty for default in case of alternative investment funds, infrastructure investment trusts and real estate investment trusts.
- Section 15EB — Penalty for default in case of investment adviser and research analyst.
- Section 15F — Penalty for default in case of stock brokers.
- Section 15G — Penalty for insider trading.
- Section 15H — Penalty for non-disclosure of acquisition of shares and take-overs.
- Section 15HA — Penalty for fraudulent and unfair trade practices.
- Section 15HAA — Penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board.
- Section 15HB — Penalty for contravention where no separate penalty has been provided.
- Section 15J — Factors to be taken into account while adjudging quantum of penalty].—While adjudging the quantum of penalty under 2[15-I or section 11 or section 11B, the Board or the adjudicating officer] shall have due regard to the following factors, namely:
- Section 15JA — Crediting sums realised by way of penalties to Consolidated Fund of India.
- Section 15JB — Settlement of administrative and civil proceedings.
- Section 15K — Establishment of Securities Appellate Tribunal.
- Section 15L — Composition of Securities Appellate Tribunal.
- Section 15M — Qualification for appointment as Presiding Officer, Judicial Member and Technical Member.
- Section 15MA — Amendment of Presiding Officer and Judicial Members.
- Section 15MB — Search-cum-Selection Committee for appointment of Technical Members.
- Section 15MC — Vacancy not to invalidate selection proceeding.
- Section 15N — Tenure of office of Presiding Officer, Judicial or Technical Members of Securities Appellate Tribunal.
- Section 15P — Filling up of vacancies.
- Section 15PA — Member to act as Presiding Officer in certain circumstances.
- Section 15Q — Resignation and removal.
- Section 15R — Orders constituting Appellate Tribunal to be final and not to invalidate its proceedings.
- Section 15S — Staff of the Securities Appellate Tribunal.
- Section 15T — Appeal to the Securities Appellate Tribunal.
- Section 15U — Procedure and powers of the Securities Appellate Tribunal.
- Section 15V — Right to legal representation.
- Section 15X — Presiding Officer, Members and staff of Securities Appellate tribunal to be public servants.
- Section 15Y — Civil Court not to have jurisdiction.
- Section 15Z — Appeal to Supreme Court.