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Section 101
Penalty Punishment

(1) According to section 91, if found to have committed insider trading, a person who commits insider trading shall be punished with a fine or imprisonment up to one year or both. Imprisonment or both shall be punished and if any person has suffered loss as a result of such action, such loss shall also be compensated. Both shall be punished and if any loss or damage has been caused to anyone from such transaction, such loss shall also be compensated. If a book, account, statement, report, notice, information or any other similar document is not kept, made, prepared or submitted at the time required, if it is not kept or not made or not prepared or if it is made or kept or prepared a false statement or document. The Board may impose a fine ranging from fifty thousand rupees to two lakh rupees. (5) Any person knowingly violates this Act or the rules or regulations made under this Act or orders or instructions issued under this Act and causes harm to any organized organization, securities market, securities traders or investors. In case of causing damage, the board can fine such person from fifty thousand rupees to one hundred and fifty thousand rupees. If any loss or damage has been caused to anyone due to such actions, the board may also pay compensation for the actual loss. If the person conducting securities business as a market or securities dealer, the Board may impose a fine of fifty thousand rupees to one hundred and fifty thousand rupees on the person doing such work. (7) This Act or made under this Act.In case of violation of the rules or regulations or any orders or instructions issued under the same or the conditions set by the board or if he does not do what he should do or does what he should not do, the board can fine such person from twenty five thousand rupees to seventy five thousand rupees.