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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
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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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