- If listed entity fails to pay any fine imposed on it within such period as specified from time to time, by the recognised stock exchange(s), after a notice in writing has been served on it, the stock exchange may initiate action.
Chapter XIP — rocedure For Action in Case of Default
Section 99
Failure to pay fine
Printed from Law on Tips • The SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015