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Question

What is the penalty for alteration, destruction, etc., of records and failure to protect the electronic database of Board?

A not less than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of profits, whichever is higher Correct Answer Incorrect Answer
B not less than one lakh rupees but which may extend to ten crore rupees or three times the amount of profits, whichever is higher Correct Answer Incorrect Answer
C not less than one lakh rupees but which may extend to five times the amount of profits Correct Answer Incorrect Answer
D not less than one lakh rupees but which may extend to one lakh rupees for each day during which such failure continues subject to a maximum of one crore rupees Correct Answer Incorrect Answer
E not less one lakh rupees but which may extend to one crore rupees Correct Answer Incorrect Answer

Solution

Section 15HAA of SEBI Act

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