CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBERSecurities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
CONSTITUTION, PROCEDURES AND POWERS OF COMMITTEES AND PANEL OF WHOLE TIME MEMBERSecurities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
Confidentiality-based settlement reductions depend on priority status, allowing progressively lower reductions for later applicants in administrative and civil proceedings. Confidentiality granted by the Board permits a priority-based reduction in the settlement amount. Persons marked first in priority may receive up to ... Summary
Confidentiality-based settlement reductions depend on priority status, allowing progressively lower reductions for later applicants in administrative and civil proceedings.
Confidentiality granted by the Board permits a priority-based reduction in the settlement amount. Persons marked first in priority may receive up to ninety percent reduction, second-priority persons may receive up to fifty percent, and third or subsequent priority persons may receive up to twenty-five percent. The reduction applies up to the prescribed ceiling for the relevant priority category in administrative and civil settlement proceedings.
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