Central Act
15HA
Section 15HA. Penalty for fraudulent and unfair trade practices.
The Securities and Exchange Board of India Act, 1992
In forceAll India (Central Act)
1[15HA. Penalty for fraudulent and unfair trade practices.--If any person indulges in fraudulent and unfair trade practices relating to securities, he shall be liable to a penalty 2[which shall not be less than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits made out of such practices, whichever is higher].]