0380-2022 ICAP IL India Private LImited vs Securities and Exchange Board of India
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Full text
“The date of initial registration of the appellant is to be treated as October 20, 2000, the date of granting the fresh registration by SEBI and all fee liabilities arising from its turnover have to be recalculated with effect from this date. Since rate of interest of 15% per annum has been implemented on delayed payment by SEBI from December 16, 1998 interest, if any, on the registration fee / turnover fee @ 15% per annum also is due from the appellant on any delay in depositing / paying the principal amount of fee.”
IN THE SECURITIES APPELLATE TRIBUNAL AT
MUMBAI
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Source: SecMarx — 0380-2022 ICAP IL India Private LImited vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.