# 23E Penalty for failure to comply with provision of listing conditions or delisting conditions or grounds
If a company or any person managing collective investment scheme or mutual fund 1[or real estate investment trust or infrastructure investment trust or alternative investment fund], fails to comply with the listing conditions or delisting conditions or grounds or commits a breach thereof, it or he shall be 2[liable to a penalty which shall not be less than five lakh rupees but which may extend to twenty-five crore rupees].
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1. Ins. by Act 13 of 2018, s. 150 (w.e.f. 8-3-2019).
2. Subs. by Act 27 of 2014, s. 29, for "liable to a penalty not exceeding twenty-five crore rupees" (w.e.f. 8-9-2014).
PENALTIES AND PROCEDURE
23A
Penalty for failure to furnish information, return, etc23B
Penalty for failure by any person to enter into an agreement with clients23C
Penalty for failure to redress Investors grievances23D
Penalty for failure to segregate securities or moneys of client or clients23F
Penalty for excess dematerialisation or delivery of unlisted securities23G
Penalty for failure to furnish periodical returns, etc23GA
Penalty for failure to conduct business in accordance with rules, etc
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