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English Release 21-September 2014
Date Month Year
  • Vice President's Secretariat
  • VICE PRESIDENT’S ADDRESS AT VALEDICTORY FUNCTION OF CENTENARY CELEBRATIONS OF CATHOLIC ASSOCIATION OF SOUTH KANARA AT MANGALORE
  • Prime Minister's Office
  • PM welcomes agreement between Afghan leaders Ashraf Ghani and Abdullah Abdullah
  • Transcript of Prime Minister's Interview to CNN
  • PM congratulates John Key on re-election as PM​ of New Zealand
  • PM greets Japanese PM Shinzo Abe on his birthday
  • Min of Road Transport & Highways
  • Shri Gadkari to Assess Damage to the Roads Due to Floods in J & K
  • Min of Rural Development
  • Nitin Gadkari to visit Srinagar tomorrow for high level review of relief operations

Previous Date

 
Ministry of Finance06-December, 2012 19:02 IST
SEBI for Stronger Recovery Powers

The Securities and Exchange Board of India (SEBI) has proposed that the SEBI Act be amended to provide for effective mechanisms for recovery of monetary penalties imposed by SEBI in such manner as may be specified by regulations or if found expedient as per provisions of the Income Tax Act through a reference to the income tax authority on the lines of the provisions of Section 39 of the Competition Act, 2002.

As on 30th June, 2012, there are 1290 defaulters, and the total amount of penalty imposed on them is Rs. 112,25,98,000 (Rupees One Hundred Twelve Crore, Twenty Five Lakh Ninety Eight Thousand only).

This was stated by the Minister of State for Finance Shri Namo Narain Meena in a written reply to a question in the Rajya Sabha today.

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(Release ID :90131)

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