Elaborate the penalties as imposed under Section 23C, 23D and 23E of the Securities Contracts (Regulation) Act, 1956.

Under the Securities Contracts (Regulation) Act, 1956, penalties imposed under Section 23C, Section 23D and Section 23E are as follows: (i) Section 23C: If any stock broker or sub-broker or a listed company or proposed listed company fails to redress investors' grievances within the time stipulated by SEBI or a recognised stock exchange, he or it shall be liable to a penalty which shall not be less than ₹ 1 lakh rupees but which may extend to ₹ 1 lakh rupees for each day during which such failure continues subject to a maximum of ₹ 1 crore rupees. (ii) Section 23D: If any person, who is registered under section 12 of the SEBI Act, 1992 as a stock broker or sub-broker, fails to segregate securities or moneys of the client or clients or uses the securities or moneys of a client or clients for self or for any other client, he shall be liable to a penalty which shall not be less than ₹ 1 lakh rupees but which may extend to ₹ 1 crore rupees. (iii) Section 23E: If a company or any person managing collective investment scheme or mutual fund or real estate investment trust or infrastructure investment trust or alternative investment fund, fails to comply with the listing conditions or delisting conditions or grounds or commits a breach thereof, it or he shall be liable to a penalty which shall not be less than ₹ 5 lakh rupees but which may extend to ₹ 25 crore rupees.