Penalty for default in case of investment adviser and research analyst
Section 15EB of the Securities and Exchange Board of India Act, 1992 deals with penalty for default in case of investment adviser and research analyst. [[15EB. Penalty for default in case of investment adviser and research analyst.--Where an investment adviser or a research analyst fails to comply with the regulations made by the Board or directions issued by the Board, such investment adviser or research analyst shall be liable to penalty which sh The Act came into force on 30 Jan 1992.
1[2[15EB. Penalty for default in case of investment adviser and research analyst.--Where an investment adviser or a research analyst fails to comply with the regulations made by the Board or directions issued by the Board, such investment adviser or research analyst shall be liable to 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.]]
Section 15EB, The Securities and Exchange Board of India Act, 1992 (Act 15 of 1992).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 15EB
What does Section 15EB of the Securities and Exchange Board of India Act deal with?
Section 15EB of the Securities and Exchange Board of India Act is headed "Penalty for default in case of investment adviser and research analyst". [[15EB. Penalty for default in case of investment adviser and research analyst.--Where an investment adviser or a research analyst fails to comply with the regulations made by the Board or directions issued by the Board, such investment adviser or research analyst shall be liable to penalty which sh
How do I find court cases under Section 15EB of the Securities and Exchange Board of India Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Sebi Act 15EB, section 15EB Sebi Act, section 15EB of the Securities and Exchange Board of India Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 15EB of the Securities and Exchange Board of India Act, and has it changed?
2 other provisions in this corpus refer back to it.
When did Section 15EB of the Securities and Exchange Board of India Act come into force?
Section 15EB of the Securities and Exchange Board of India Act, cited as Sebi Act 15EB, came into force on 30 Jan 1992, having been enacted on 04 Apr 1992. It is in force as at the date shown on this page.
Other sections of this Act
- 11. Functions of Board1315 words
- 11C. Investigation1145 words
- 12. Registration of stock-brokers, sub-brokers, share transfer agents, etc678 words
- 28A. Recovery of amounts629 words
- 15U. Procedure and powers of the Securities Appellate Tribunal494 words
- 15D. Penalty for certain defaults in case of mutual funds464 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.