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    Question

    If any person, who is required under this Act or any

    rules or regulations made thereunder fails to __________________ shall be liable to a penalty which shall not be 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
    A Furnish any document, return or report to the Board Correct Answer Incorrect Answer
    B File any return or furnish any information, books or other documents within the time specified therefor in the regulations Correct Answer Incorrect Answer
    C Maintain books of account or records Correct Answer Incorrect Answer
    D All of the above Correct Answer Incorrect Answer

    Solution

    Section 15A of SEBI Act.

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