Regulation 24 - Proceeding before the High Powered Advisory Committee
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026 Chapter V CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBER
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Settlement-term review requires assessment of applications, waivers, prescribed factors, revised terms, and relevant material before final recommendation. The High Powered Advisory Committee considers proposed settlement terms, the Internal Committee's recommendation, the applicant's application, undertaking ... Summary
Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Settlement-term review requires assessment of applications, waivers, prescribed factors, revised terms, and relevant material before final recommendation.
The High Powered Advisory Committee considers proposed settlement terms, the Internal Committee's recommendation, the applicant's application, undertaking and waivers, prescribed settlement factors, and relevant material. It may require revision of settlement terms and return the application to the Internal Committee. Following its assessment, the Committee recommends acceptance, modification, or rejection of the settlement terms, and its recommendations are placed before the Panel of Whole Time Member.
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