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SEBI revises fine structure for non-compliant entities; fixes Rs.1000 per day fine for not appointing CS

May 3, 2018
SEBI has issued revised fine structure and Standard Operating Procedure (“SOP”) for suspension and revocation of suspension of trading of securities of listed entities who are non-compliant with listing norms. The revised norms will be effective from Sep 30, 2018. SEBI prescribes Rs. 1000 per day fine for Non-compliance with requirement to appoint a qualified company secretary as the compliance officer.
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