Question
Which of the following statements is true as per the
SEBI Act?Solution
24B. Power to grant immunity- (1) The Central Government may, on recommendation by the Board, if the Central Government is satisfied, that any person, who is alleged to have violated any of the provisions of this Act or the rules or the regulations made thereunder, has made a full and true disclosure in respect of the alleged violation, grant to such person, subject to such conditions as it may think fit to impose, immunity from prosecution for any offence under this Act, or the rules or the regulations made thereunder or also from the imposition of any penalty under this Act with respect to the alleged violation: Provided that no such immunity shall be granted by the Central Government in cases where the proceedings for the prosecution for any such offence have been instituted before the date of receipt of application for grant of such immunity: Provided further that recommendation of the Board under this sub-section shall not be binding upon the Central Government. (2) An immunity granted to a person under sub-section (1) may, at any time, be withdrawn by the Central Government, if it is satisfied that such person had, in the course of the proceedings, not complied with the condition on which the immunity was granted or had given false evidence, and thereupon such person may be tried for the offence with respect to which the immunity was granted or for any other offence of which he appears to have been guilty in connection with the contravention and shall also become liable to the imposition of any penalty under this Act to which such person would have been liable, had not such immunity been granted.
Which is the first integrated steel plant in the public sector in India?
Who is the author of 'Early History of India'?
Which of the following can be a basis of difference between a salamander and a house-wall lizard apart from their habitat?
What is the highest-grossing animated movie of all time?
According to the World Bank’s List of Countries Classified by Income level 2020-21, India was in which group?
____________ is the total process of collecting, compiling, analyzing and disseminating demographic, economic and social data pertaining, at a specific ...
When the branch of a tree is shaken violently, the leaves fall. This happening can be explained by:
Find the CORRECT statement's about VAJRA PRAHAR 2023?
1. Exercise VAJRA PRAHAR is a joint exercise conducted between Indian Navy and US Navy Spec...
When was the National Institution for Transforming India (NITI) Aayog was formed?
Much of the rainfall along the Western Ghats is ______ as the moist air is obstructed and forced to rise along the Ghats.