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1[15HA. Penalty for fraudulent and unfair trade practices.--If any person indulges in fraudulent
and unfair trade practices relating to securities, he shall be liable to a penalty 2[which shall not be less
than five lakh rupees but which may extend to twenty-five crore rupees or three times the amount of
profits made out of such practices, whichever is higher].]
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1. Ins. by Act 59 of 2002, s. 17 (w.e.f. 29-10-2002).
2. Subs. by Act 27 of 2014, s. 14, for certain words (w.e.f. 8-2-2014). br