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
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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High Powered Advisory Committee settlement recommendations follow majority decision-making, with the Judicial Member's view prevailing where consensus is absent. Settlement terms proposed by an applicant and Internal Committee recommendations are considered by a High Powered Advisory Committee. The Committee may ... Summary
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Securities and Exchange Board of India (Settlement of Administrative and CIVIL Proceedings) Regulations, 2026
High Powered Advisory Committee settlement recommendations follow majority decision-making, with the Judicial Member's view prevailing where consensus is absent.
Settlement terms proposed by an applicant and Internal Committee recommendations are considered by a High Powered Advisory Committee. The Committee may consider powers and discretions conferred on the Panel of Whole Time Member. Its recommendations are determined by majority, but the Judicial Member's recommendation controls where there is no consensus or majority. If the Judicial Member recuses, the majority view of remaining members applies. Where all or all but one members recuse for an application, the Board may constitute another Committee.
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