19-I. Factors to be taken into account by adjudicating officer.
1[19-I. Factors to be taken into account by adjudicating officer.—While adjudging the quantum of penalty under section 19H, the adjudicating officer shall have due regard to the following factors, namely:—
(a) the amount of disproportionate gain or unfair advantage, wherever quantifiable, made as a result of the default;
(b) the amount of loss caused to an investor or group of investors as a result of the default;
(c) the repetitive nature of the default.]
1. Ins. by Act 1 of 2005, sec. 17 (w.r.e.f. 12-10-2004).