15J. [Factors to be taken into account while adjudging quantum of penalty.]
(a) the amount of disproportionate gain or unfair advantage, wherever quantifiable, made as a result of the default;
(b) the amount of loss caused to an investor or group of investors as a result of the default;
(c) the repetitive nature of the default.
[15JA. Crediting sum realised by way of penalties to Consolidated Fund of India.
[15JB. Settlement of administrative and civil proceedings. -
Chapter VI-B
Establishment, Jurisdiction, Authority And Procedure Of Appellate Tribunal
Section 15I • The Securities and Exchange Board of India Act, 1992
15I. Power to adjudicate.
securities-and-exchange-board-of-india-act-1992-sec-15I.json
•
Section 15I
{
"act_title": "The Securities and Exchange Board of India Act, 1992",
"act_slug": "securities-and-exchange-board-of-india-act-1992",
"section_label": "Section",
"section": {
"number": "15I",
"title": "15I. Power to adjudicate.",
"chapter": null,
"content": "15J. [Factors to be taken into account while adjudging quantum of penalty.]\n(a) the amount of disproportionate gain or unfair advantage, wherever quantifiable, made as a result of the default;\n(b) the amount of loss caused to an investor or group of investors as a result of the default;\n(c) the repetitive nature of the default.\n[15JA. Crediting sum realised by way of penalties to Consolidated Fund of India.\n[15JB. Settlement of administrative and civil proceedings. -\nChapter VI-B\nEstablishment, Jurisdiction, Authority And Procedure Of Appellate Tribunal",
"footnote": "",
"is_definition": false,
"sort_order": 27
},
"prev_section": "15HB",
"next_section": "15K"
}