Where any asset reconstruction company or any person fails to comply with any direction issued by the Reserve Bank under this Act the adjudicating authority may, by an order, impose a penalty
30A. Power of adjudicating authority to impose penalty.—(1) Where any asset reconstruction company or any person fails to comply with any direction issued by the Reserve Bank under this Act the adjudicating authority may, by an order, impose on such company or person in default, a penalty not exceeding one crore rupees or twice the amount involved in such failure where such amount is quantifiable, whichever is more, and where such failure is a continuing one, a further penalty which may extend to one lakh rupees for every day, after the first, during which such failure continues
What is the primary purpose of Nagaland's Aadhaar-linked birth registration (ALBR) initiative, launched on August 31, 2023?
The EPF account interest rate has been hiked to ______ by the Employees Provident Fund Organisation (EPFO) for the financial year 2022-23.
Virendra Kumar Paul, India ’ s High Commissioner to Kenya going to be appointed as the next Ambassador to which Country?
What was the total amount pledged by international donors at the humanitarian conference for Sudan?
Which of the following is NOT a factor used to categorize an enterprise as micro, small, or medium in India?
Which Indian edtech startup topped TIME Magazine’s “World’s Top EdTech Companies of 2024” ranking?
The Reserve Bank of India (RBI) has introduced new guidelines for Housing Finance Companies (HFCs) to align their regulations with Non-Banking Financial...
What is the price per kilogram of the 'Bharat' brand rice offered by the Government of India in the retail market?
Life Insurance Corporation of India (LIC) has ended up with a_______ stake in Jio Financial Services (JFS) with the insurer’s stake in JFS valued ...
Which of the following IIT’s has developed an artificial heart to deal with acute cardiac problems?