Fast-track settlement eligibility requires a threshold settlement amount and absence of disgorgement, remedial, or regulatory terms before panel review.

Fast-track settlement applies where the Internal Committee, while considering an application under regulation 22, finds that the calculated settlement amount does not exceed ten lakh rupees and no disgorgement or remedial and regulatory term is applicable. The applicant must submit a revised settlement term, after which the application is placed before the Panel of Whole Time Member and the procedures under regulations 25 and 34 apply mutatis mutandis.

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