Securities and Exchange Board of India (Intermediaries) Regulations, 2008 Chapter V ACTION IN CASE OF DEFAULT AND MANNER OF SUSPENSION OR CANCELLATION OF CERTIFICATE
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Show cause proceedings require notice with recommendation, opportunity to reply and hearing before a designated member may order suspension or cancellation. Designated member must issue a show cause notice enclosing the designated authority's report, call for written representation, consider any reply and ... Summary
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Show cause proceedings require notice with recommendation, opportunity to reply and hearing before a designated member may order suspension or cancellation.
Designated member must issue a show cause notice enclosing the designated authority's report, call for written representation, consider any reply and afford an opportunity of hearing, and may pass an appropriate order thereafter, with an endeavour to dispose within the prescribed regulatory timeframe.
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