# 23H Penalty for contravention where no separate penalty has been provided
1[23H. Penalty for contravention where no separate penalty has been provided.--Whoever fails to comply with any provision of this Act, the rules or articles or bye-laws or the regulations of the recognised stock exchange or directions issued by the Securities and Exchange Board of India for which no separate penalty has been provided, shall be 2[liable to a penalty which shall not be less than one lakh rupees but which may extend to one crore rupees].
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1. Ins. by Act 1 of 2005, s. 11 (w.e.f. 12-10-2004).
2. Subs. by Act 27 of 2014, s. 32, for “liable to a penalty not exceeding twenty-five crore rupess” (w.e.f. 8-9-2014).
PENALTIES AND PROCEDURE
23E
Penalty for failure to comply with provision of listing conditions or delisting conditions or grounds23F
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, etc23-I
Power to adjudicate23J
Factors to be taken into account by the adjudicating officer23JA
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