*[19F. Penalty for failure to comply with directions issued by Board under section 19 of the Act.-If any person fails to comply with the directions issued by the Board under section 19, within the time specified by it, he shall be liable to a penalty of one lakh rupees for each day during which such failure continues or one crore rupees, whichever is less.] *[Inserted by Securities Laws (Amendment) Act, 2004, section 17, Chapter III]
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