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      Question

      The liability of legal representative in case of penalty

      payable under SEBI Act shall be
      A Indefinite Correct Answer Incorrect Answer
      B To the same extent as the deceased Correct Answer Incorrect Answer
      C To the same extent as the deceased even if imposed after the death of deceased person Correct Answer Incorrect Answer
      D To the same extent as the deceased only if imposed before the death of deceased person Correct Answer Incorrect Answer

      Solution

      Section 28B of SEBI Act- Continuance of proceedings.

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