SEBI ordered DSE, to produce their books of accounts and audited financial statements for the period 1st April 2016 to 31st March 2018 within 30 days of the receipt of the communication by the stock exchange. The communication was received by the company on 30th April 2018 and no documents were furnished to SEBI in reply to the notice till 15th May 201 State the consequences of not supplying the said documents to SEBI: –

  • A

    Period of submission of said documents may be condoned on reasonable grounds.

  • B

    SCN may be served why DSE not be penalized for not submitting of documents within the time limit.

  • C

    DSE shall be punishable with a fine.

  • D

    DSE shall be punishable with fine and imprisonment.