Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 Chapter V PROCEDURE FOR ACTION IN CASE OF DEFAULT
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Show-cause notice procedure requires regulated entities to reply and Board to issue a reasoned order and provide a copy. Regulation 26 set a stepwise procedure: after an enquiry report the Board issued a show-cause notice; the registrar or transfer agent had a specified ... Summary
Show-cause notice procedure requires regulated entities to reply and Board to issue a reasoned order and provide a copy.
Regulation 26 set a stepwise procedure: after an enquiry report the Board issued a show-cause notice; the registrar or transfer agent had a specified period to reply; the Board then considered any reply and within a further specified period passed a self-contained, reasoned order justifying any penalty and sent a copy of that order to the affected registrar or share transfer agent.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.