Adjudication scope broadened: statutory wording changed to actions under the Act rather than solely by the adjudicating officer. The Finance Act, 2018 substitutes the words "by the adjudicating officer" with "under this Act" in subsection (1) of section 28A of the Securities and ... Summary
Adjudication scope broadened: statutory wording changed to actions under the Act rather than solely by the adjudicating officer.
The Finance Act, 2018 substitutes the words "by the adjudicating officer" with "under this Act" in subsection (1) of section 28A of the Securities and Exchange Board of India Act, 1992, changing the statutory framing of adjudicatory authority from a specific officeholder to the Act as the source of action.
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