MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS - Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002
MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS - Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002
Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002 Chapter IV MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS
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Saving of actions preserves pending enquiries and prior appointments as valid under the corresponding amended regulatory provisions. The provision preserves the legal effect of actions taken before the amendments by deeming them to have been taken under corresponding provisions of the ... Summary
Securities And Exchange Board of India (Procedure For Holding Enquiry By Enquiry Officer And Imposing Penalty) Regulations, 2002
Saving of actions preserves pending enquiries and prior appointments as valid under the corresponding amended regulatory provisions.
The provision preserves the legal effect of actions taken before the amendments by deeming them to have been taken under corresponding provisions of the amended regulations, and specifically requires that enquiry proceedings pending before the Board continue under the earlier regulations while appointments of enquiry officers existing immediately before commencement are treated as made under the corresponding provisions of the amended regulations.
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