- In section 23J of the principal Act, -(i)for the marginal heading, the following marginal heading shall be substituted, namely:- "Factors to be taken into account while adjudging quantum of penalty.";(ii)for the word, figures and letter "section 23-I" the words, figures and letters "section 12A or section 23-I" shall be substituted.(iii)for the words "the adjudicating officer", the words "the Securities and Exchange Board of India or the adjudicating officer" shall be substituted.
